Cryptocurrency exchange BloFin has announced support for a new type of derivative product — futures contracts with margin in USDC. This was reported to Incrypted by the company.
Thanks to this update, traders can now choose to settle and margin futures positions in USDC, which offers an alternative to the widely used USDT, according to the press release.
A step towards stability and regulatory compliance
BloFin noted that the USDC is known for its transparency, regular audits and compliance with regulatory standards. As institutional and cautious investors increasingly prefer transparent and regulated assets, crypto exchanges are competing to provide more flexibility in the use of stablecoins, the statement said.
According to the team, the integration of BloFin’s USDC futures reflects a strategic expansion aimed at traders who prefer a more regulated trading environment backed by fiat assets. By offering margin and settlement in USDC, the platform not only increases stability but also reduces dependence on a single stablecoin such as USDT, according to the press release.
Difference in the stablecoin derivatives market
“Currently, only a few major exchanges support USDC futures with margin. With this upgrade, BloFin is setting itself apart by targeting users looking for a more regulated and institutional-friendly trading experience. The move is in line with the platform’s broader goal of creating a secure, flexible and globally trusted derivatives ecosystem,” BloFin said.