Deribit has introduced Bitcoin (BTC) and Ethereum (ETH) options settled in USDC, offering a familiar structure to traditional market options but with settlement in USDC instead of USD. This new feature caters to traders who prefer holding stablecoins. Additionally, users who maintain their funds in USDC can earn monthly rewards, with an annual yield of approximately 4%. Currently, only the Ethereum ERC-20 version of USDC is supported.
Deribit Launches USDC-Settled BTC and ETH Options
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.