🚨NEW: Acting CFTC Chair @CarolineDPham has announced an initiative to let stablecoins be used as tokenized collateral for the first time in U.S. derivatives markets. The move follows the February Crypto CEO Forum where this idea was discussed among leaders of all the major stablecoin firms, and also builds on the President’s Working Group recommendations. The @CFTC is seeking public feedback until Oct. 20 on valuation, custody, settlement, and rule changes needed to make tokenized collateral work.(Eleanor Terrett)