A New Era for Crypto in the US: CFTC Approves BTC, ETH, and USDC as Collateral in the Derivatives MarketActing Chair of the U.S. Commodity Futures Trading Commission, Caroline D. Pham, announced at a press conference on December 8, 2025, the official launch of a pilot program allowing Bitcoin, Ethereum, and USDC to be used as collateral in the derivatives market.