CFTC Expands Digital Asset Collateral Framework to Include Stablecoins from National Trust Banks

The U.S. Commodity Futures Trading Commission (CFTC) has broadened its digital asset collateral framework, permitting stablecoins issued by national trust banks to be utilized as margin by futures commission merchants. According to NS3.AI, this adjustment rectifies previous guidance that inadvertently excluded federally chartered banks from participation, aligning them with state-regulated issuers such as Circle and Paxos. This development facilitates the integration of stablecoins into institutional derivatives settlement, ensuring adherence to stringent reporting and oversight protocols.