- Deribit introduces USDC options for BTC and ETH.
- Launch on August 19, 2025.
- Stablecoin margin enhances market liquidity.
Deribit, owned by Coinbase, will launch USDC-settled options for Bitcoin and Ethereum on August 19, 2025, offering traders stablecoin-based settlement and enhanced market participation from Dubai.
The introduction ushers in an era of increased capital efficiency and trading accessibility, potentially enhancing liquidity and market dynamics for Bitcoin and Ethereum derivatives.
Deribit, the largest crypto options venue by volume, is launching USDC-settled options for Bitcoin and Ethereum on August 19, 2025. This launch introduces linear contracts that offer lower minimum trade sizes and stablecoin-based settlement, enhancing market accessibility.
Owned by Coinbase, Deribit continues leveraging its derivatives market experience to expand its stablecoin offerings. This move allows traders to use USDC as collateral for both margin and settlement, opening opportunities for retail and institutional participants.
The introduction of USDC-settled options is expected to increase market efficiency for BTC and ETH derivatives. By offering stablecoin-based margins, Deribit enhances liquidity and risk management for its user base, fostering greater participation in the derivatives market.
A shift towards stablecoin margins reflects the growing institutional demand for more reliable and predictable financial instruments. The initiative aligns with Deribit’s strategic focus on providing flexible access to cryptocurrency markets.
Deribit’s focus on integrating stablecoin-settled derivatives could promote further adoption across the crypto industry. As past altcoin integrations have shown, such initiatives typically result in increased volume and flexibility for traders.
Insights suggest that the use of USDC as a primary settlement asset could lead to a stronger total value locked (TVL) and liquidity on Deribit’s platform. USDC mechanics, ensuring a 1:1 peg to USD indices, safeguard against potential depegging issues.
Deribit’s official communications highlight, “The introduction of these options with lower minimum sizes allows for greater retail participation and precision in institutional trades.” – Morningstar
