Cryptocurrency options exchange Deribit has announced a new reward program for eligible USDC holders. The initiative aims to offer users more collateral options and enhance the platform's capital utilization efficiency. Deribit utilizes Coinbase as the custodian for USDC, and rewards will be distributed by Coinbase to users holding USDC through the platform. The first batch of rewards is scheduled for issuance in August 2025, based on the daily minimum equity from July 15 to 31.