Coinbase has teamed up with Copper to introduce ClearLoop, an off-exchange settlement system, addressing institutional demand for secure crypto trading.
The collaboration allows institutions to manage collateral and settle trades in near real-time, minimizing counterparty risk and increasing capital efficiency.
Initially supporting USDC, the integration aims to expand collateral options in the future, reflecting strong interest from institutions in cryptocurrencies like Bitcoin, Ethereum, XRP, and Solana.
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