Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

Deribit, Crypto.com integrate BlackRock's BUIDL as trading collateral

The move will lower collateral requirements to access leverage for crypto trading due to the relatively stable value of US government debt. Crypto derivatives exchange Deribit and spot exchange Crypto.com are accepting BlackRock’s tokenized US Treasury fund as trading collateral for institutional and experienced clients. The move will allow institutional traders to use a low-volatility,…

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