Coinbase International collaborates with Copper to launch off exchange settlement services

According to Cointelegraph, Coinbase International Exchange has partnered with Copper to provide over-the-counter settlement services to institutional clients through the ClearLoop network, in order to meet the strong demand for more efficient and secure trading infrastructure. This service allows institutions to manage collateral and complete transactions in real-time without the need to transfer funds to the exchange, thereby reducing counterparty risk and improving capital efficiency. At present, this integration only supports USDC and will be expanded to more assets in the future.