


TechFlame reports that on December 9, the U.S. CFTC announced the launch of a digital asset tokenized collateral pilot program. This initiative permits specific digital assets such as Bitcoin, Ethereum, and USDC to be used as collateral in regulated derivatives markets. Concurrently, the CFTC released guidelines for tokenized collateral and cleared outdated regulatory provisions. According to official statements, this move will enhance customer asset protection and settlement efficiency, marking a critical step in the U.S. push for the "Crypto Sprint" and the implementation of the "Genius Act." Institutions including Coinbase and Circle have expressed support, stating that stablecoins and tokenized assets will reshape the settlement and risk control models of traditional finance.
BiyaPay analysts note that regulatory authorities formally recognizing BTC, ETH, and stablecoins as eligible collateral is expected to accelerate the integration of "compliant on-chain assets and traditional derivatives." This development is seen as a long-term positive for the digital asset and U.S. dollar stablecoin ecosystems. For investors, BiyaPay’s multi-asset wallet offers a one-stop solution to allocate USDT for U.S. stocks, Hong Kong stocks, futures, and digital assets, enabling participation in global market opportunities.
