The U.S. Commodity Futures Trading Commission (CFTC) has expanded its list of eligible tokenized collateral on the regulated futures markets. This provides a boost for Ripple's RLUSD stablecoin, which could now fall under the definitions of what the CFTC regards as a payment stablecoin, which are eligible collateral for use on the derivatives markets.
XRP News: Ripple's RLUSD Gets Boost as CFTC Expands Approved Tokenized Collateral
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CFTC expands list of eligible tokenized collateral on regulated futures markets, a change that could place Ripple's RLUSD stablecoin under the agency's payment-stablecoin definition and make RLUSD eligible as collateral for use on derivatives markets.
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