U.S. regulators have taken significant steps to integrate tokenized assets into core financial functions. The Commodity Futures Trading Commission (CFTC) now permits Bitcoin, Ethereum, and USDC to be used as collateral in derivatives markets. Meanwhile, the Securities and Exchange Commission (SEC) has allowed the Depository Trust & Clearing Corporation (DTCC) to test a tokenized settlement system without facing enforcement risks. These regulatory changes mark a pivotal shift in how crypto assets are perceived, aligning them more closely with traditional financial instruments. By incorporating blockchain technology into collateral and settlement processes, these actions signal a broader acceptance of digital assets within the financial sector.