Deribit Launches USDC-Settled Options for BTC and ETH, Expanding Trading Flexibility

Crypto derivatives exchange Deribit, now owned by Coinbase, is launching USDC-settled options and futures contracts for Bitcoin and Ethereum. This move addresses the growing demand from both retail and institutional investors for more accessible and cost-effective trading experiences. 0.01 BTC and 0.1 ETH are the minimum order values set for these new products. The expansion marks a significant step in Deribit’s growth strategy, aimed at catering to the rising interest in stablecoin-settled derivatives.