Cryptocurrency exchange Coinbase has submitted detailed recommendations to the Commodity Futures Trading Commission (CFTC) aimed at improving market regulation for digital assets in the U.S. The proposals seek to enhance market efficiency and clarity, with key elements including utilizing stablecoins as collateral in derivatives trading. 24/7 settlements facilitated by this approach could lead to reduced counterparty risk and increased competitiveness within the U.S. derivatives market on a global scale. This initiative comes after the CFTC’s recent approval of platforms like Polymarket demonstrates their willingness to adapt to crypto innovations. Coinbase emphasizes that clear rules are crucial for fostering industry growth while managing risks effectively, aiming to foster innovation alongside a well-regulated ecosystem.