Deribit Launches USDC-Settled Bitcoin & Ethereum Options for Enhanced Trading Flexibility

Derivatives platform Deribit is expanding its offerings with the launch of Bitcoin and Ethereum options settled in USDC on August 19th. This move aims to boost trading flexibility and capital efficiency for both institutional and individual investors, as reported by CEO Luuk Strijers. This launch comes alongside Deribit’s already impressive record-breaking monthly volume, reaching $185 billion. 💰 Strijers believes that USDC settlements will improve capital management by providing a stable fiat equivalent structure.