- Coinbase secured CFTC approval to launch its USDC-native clearinghouse and extended its partnership with Citi, strengthening its derivatives infrastructure and fiat-to-stablecoin integration.
Coinbase, a leading crypto exchange by trading volume, has achieved a major regulatory milestone. The Commodity Futures Trading Commission (CFTC) has approved the registration of Coinbase Clearing LLC, the exchange’s first USDC-native clearinghouse. Simultaneously, Coinbase expanded its collaboration with Citi to streamline stablecoin payments for businesses.
Coinbase Clearing LLC Receives CFTC Approval
In a Monday announcement, Coinbase revealed that the CFTC had granted it clearance to operate Coinbase Clearing LLC. This entity serves as the exchange’s Derivatives Clearing Organization (DCO), integrating directly with its derivatives broker and exchange to offer a comprehensive derivatives platform.
The new clearinghouse leverages USDC as its primary collateral, enabling 24/7 real‑time settlement and reducing reliance on traditional banking hours. This infrastructure is designed to accelerate product development, improve operational efficiency, and provide greater flexibility for regulated derivative offerings.
“Today’s CFTC approval completes Coinbase’s end‑to‑end derivatives infrastructure, allowing us to bring more regulated derivatives products to market with native USDC collateral and 24/7 settlement,” said Molly Abraham, Coinbase’s General Counsel.
Expanded Citi Partnership
Coinbase also announced an expanded partnership with Citi, one of the world’s largest multinational banks. The collaboration enhances Coinbase Virtual Accounts, which automatically convert incoming fiat into stablecoins, by integrating Citi’s Virtual Account Wallet—a regulated Banking‑as‑a‑Service solution that bridges traditional finance and blockchain.
This integration addresses the operational and regulatory challenges businesses face when managing both fiat and stablecoins. By pairing digital payments infrastructure with regulated banking rails, Coinbase and Citi enable businesses to operate on a unified path between traditional finance and digital assets without building separate systems.
The partnership also connects Coinbase’s payment system to Spring by Citi, Citi’s end‑to‑end digital payment acceptance service for enterprise clients. Institutional users can accept stablecoin payments at checkout, with Coinbase handling automatic conversion to fiat while Citi settles the funds as the bank of record.
“This collaboration gives Coinbase customers bank‑grade fiat infrastructure on one side and Citi’s institutional clients easy, low‑friction stablecoin acceptance on the other, without either side needing to build or manage a system they don’t need,” noted Brett Tejpaul, Head of Coinbase Institutional.
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- block at absolute beginning, then immediately rewritten content. No intro notes, no commentary. – Must clean text: remove promotional lines, “SEE ALSO” links, footer junk. Also remove share icons? Those are promotional? Probably not, but they are not part of article body, but they are HTML. The instruction says “Clean the text content by removing promotional lines, ‘SEE ALSO’ links, and footer junk.” Not explicitly share icons, but they could be considered promotional. However we need to preserve all media: tags, , shorts, and Twitter/X embed codes exactly. The share icons are tags with class bi… they are media? Not exactly media, but they are icons. Probably considered part of UI, not article content. Might need to keep them? The rule says “Do not alter, delete, or skip any HTML media elements.” Share icons are not media; they are UI elements. However they are inside the article. It’s ambiguous. Safer to keep them because they are part of HTML. But they might be considered promotional lines. However instruction says remove promotional lines, “SEE ALSO” links, and footer junk. The share icons are not footers; they are social sharing buttons. Could be considered promotional but not explicitly mentioned. Safer to keep them as they are not in the main article text, but are part of the HTML snippet. However the original snippet includes many share icons; maybe they are considered promotional. But the task is to clean the text content; they are not part of the article body (the article includes the paragraph tags). The share icons are after the article? In the snippet they appear after the article. So likely they are not part of the article body to be cleaned. The instruction says “rewritten article HTML body text.” So we need to produce cleaned HTML body text, which likely includes the article paragraphs, headings, images, list items, etc. The share icons maybe outside; but we should keep any media elements that are part of the article (e.g., tags). The list items with are part of article. The share icons are outside article; maybe we should omit them? The instruction says “Leave all tags, video tags, shorts, and Twitter/X embed codes EXACTLY as they are. Keep them inline in their original relative positions.” The share icons are not or iframe or blockquote embed. So maybe they can be removed. But they are HTML elements; maybe they count as “media”?? Not sure. Let’s extract article content: From snippet: – There’s author info lines: “Written by: Olumide Adesina” etc. That’s probably not part of article body but metadata. Should we keep? Probably remove promotional lines, but author bio is maybe considered promotional? Probably not needed in article body. We can drop author line and author bio. Also remove the share icons (the social share block). Also remove the “Quick overview” heading and list? That’s part of article content maybe. The article body text likely includes the paragraphs with class data-path-to-node. Let’s list them: 1. Qualcomm (QCOM) traded around $188 following a notable single-session pullback. QCOM shares dropped 7.17% (losing roughly $14.49 in a single day), significantly underperforming the broader tech indices. 2. (image tag). This is an image media element; we keep exactly. 3. The stock had rallied strongly through September … 4. QCOM has experienced notable upside momentum … 5. Short-term movements … (Wait there are two p with same node? maybe separate paragraphs.) 6. Qualcomm made a strategic partnership with Amazon Web Services (AWS) … 7. Apple Patent Extension: Qualcomm and Apple officially renewed … 8. Analyst Consensus: Wall Street maintains a cautiously optimistic stance… target prices … 9. Opportunities: Growth catalysts … Also the “Quick overview” heading and list: there is Quick overview and … items …. That is part of article; we should rewrite article body, maybe include that heading and list? It says rewrite the surrounding news story body text. Likely we need to incorporate that content into a cohesive article. We might keep the heading and list but rewrite the items into paragraph form or keep as list? The instructions: “Rewrite the headline to be unique, fresh, and professional. Rewrite the surrounding news story body text into natural, high-quality, professional English.” So we should rewrite the entire body, not just paragraphs. Could integrate the list items into paragraph narrative. We need to remove promotional lines: The “Quick overview” might be considered promotional; but it’s part of article. The list items are factual statements. Might keep but rewrite. The author bio line: “Olumide Adesina is a French-born Nigerian financial writer… 20 years … experience …” That’s likely footer junk; remove. Also need to keep all tags (there are two images). Also any video etc – none present besides maybe the share widget script, but not an iframe. So we keep images as they are. We need to preserve the relative positions of media elements. So final output: – [TITLE] with rewritten headline. Need fresh, professional headline. Original: “Qualcomm (QCOM) Cools Off Amid Broader Tech Pullback and Insider Selling”. Let’s rewrite: “Qualcomm (QCOM) Slips Amid Tech Sector Retreat and Insider Activity”. Something unique. But ensure it’s fresh and professional. Then the cleaned HTML body text: We need to output the article HTML after the title block, with cleaned content. We must ensure we keep images exactly as they appear (including class, alt, src). Also keep the paragraph tags and list. But we should remove author info lines, share icons, maybe the “Quick overview” heading? That might be considered part of article; maybe we keep it but rewrite its text (list items) into natural prose. The heading itself is fine. Let’s restructure: We’ll have: [TITLE]New Headline
![block at absolute beginning, then immediately rewritten content. No intro notes, no commentary. – Must clean text: remove promotional lines, “SEE ALSO” links, footer junk. Also remove share icons? Those are promotional? Probably not, but they are not part of article body, but they are HTML. The instruction says “Clean the text content by removing promotional lines, ‘SEE ALSO’ links, and footer junk.” Not explicitly share icons, but they could be considered promotional. However we need to preserve all media: tags, , shorts, and Twitter/X embed codes exactly. The share icons are tags with class bi… they are media? Not exactly media, but they are icons. Probably considered part of UI, not article content. Might need to keep them? The rule says “Do not alter, delete, or skip any HTML media elements.” Share icons are not media; they are UI elements. However they are inside the article. It’s ambiguous. Safer to keep them because they are part of HTML. But they might be considered promotional lines. However instruction says remove promotional lines, “SEE ALSO” links, and footer junk. The share icons are not footers; they are social sharing buttons. Could be considered promotional but not explicitly mentioned. Safer to keep them as they are not in the main article text, but are part of the HTML snippet. However the original snippet includes many share icons; maybe they are considered promotional. But the task is to clean the text content; they are not part of the article body (the article includes the paragraph tags). The share icons are after the article? In the snippet they appear after the article. So likely they are not part of the article body to be cleaned. The instruction says “rewritten article HTML body text.” So we need to produce cleaned HTML body text, which likely includes the article paragraphs, headings, images, list items, etc. The share icons maybe outside; but we should keep any media elements that are part of the article (e.g., tags). The list items with are part of article. The share icons are outside article; maybe we should omit them? The instruction says “Leave all tags, video tags, shorts, and Twitter/X embed codes EXACTLY as they are. Keep them inline in their original relative positions.” The share icons are not or iframe or blockquote embed. So maybe they can be removed. But they are HTML elements; maybe they count as “media”?? Not sure. Let’s extract article content: From snippet: – There’s author info lines: “Written by: Olumide Adesina” etc. That’s probably not part of article body but metadata. Should we keep? Probably remove promotional lines, but author bio is maybe considered promotional? Probably not needed in article body. We can drop author line and author bio. Also remove the share icons (the social share block). Also remove the “Quick overview” heading and list? That’s part of article content maybe. The article body text likely includes the paragraphs with class data-path-to-node. Let’s list them: 1. Qualcomm (QCOM) traded around $188 following a notable single-session pullback. QCOM shares dropped 7.17% (losing roughly $14.49 in a single day), significantly underperforming the broader tech indices. 2. (image tag). This is an image media element; we keep exactly. 3. The stock had rallied strongly through September … 4. QCOM has experienced notable upside momentum … 5. Short-term movements … (Wait there are two p with same node? maybe separate paragraphs.) 6. Qualcomm made a strategic partnership with Amazon Web Services (AWS) … 7. Apple Patent Extension: Qualcomm and Apple officially renewed … 8. Analyst Consensus: Wall Street maintains a cautiously optimistic stance… target prices … 9. Opportunities: Growth catalysts … Also the “Quick overview” heading and list: there is Quick overview and … items …. That is part of article; we should rewrite article body, maybe include that heading and list? It says rewrite the surrounding news story body text. Likely we need to incorporate that content into a cohesive article. We might keep the heading and list but rewrite the items into paragraph form or keep as list? The instructions: “Rewrite the headline to be unique, fresh, and professional. Rewrite the surrounding news story body text into natural, high-quality, professional English.” So we should rewrite the entire body, not just paragraphs. Could integrate the list items into paragraph narrative. We need to remove promotional lines: The “Quick overview” might be considered promotional; but it’s part of article. The list items are factual statements. Might keep but rewrite. The author bio line: “Olumide Adesina is a French-born Nigerian financial writer… 20 years … experience …” That’s likely footer junk; remove. Also need to keep all tags (there are two images). Also any video etc – none present besides maybe the share widget script, but not an iframe. So we keep images as they are. We need to preserve the relative positions of media elements. So final output: – [TITLE] with rewritten headline. Need fresh, professional headline. Original: “Qualcomm (QCOM) Cools Off Amid Broader Tech Pullback and Insider Selling”. Let’s rewrite: “Qualcomm (QCOM) Slips Amid Tech Sector Retreat and Insider Activity”. Something unique. But ensure it’s fresh and professional. Then the cleaned HTML body text: We need to output the article HTML after the title block, with cleaned content. We must ensure we keep images exactly as they appear (including class, alt, src). Also keep the paragraph tags and list. But we should remove author info lines, share icons, maybe the “Quick overview” heading? That might be considered part of article; maybe we keep it but rewrite its text (list items) into natural prose. The heading itself is fine. Let’s restructure: We’ll have: [TITLE]New Headline](https://i2.wp.com/dr46azxe5rdcu.cloudfront.net/wp-content/uploads/2026/09/29134842/qualcom.webp?w=1024&resize=1024,1024&ssl=1 "block at absolute beginning, then immediately rewritten content. No intro notes, no commentary. – Must clean text: remove promotional lines, “SEE ALSO” links, footer junk. Also remove share icons? Those are promotional? Probably not, but they are not part of article body, but they are HTML. The instruction says “Clean the text content by removing promotional lines, ‘SEE ALSO’ links, and footer junk.” Not explicitly share icons, but they could be considered promotional. However we need to preserve all media: tags, , shorts, and Twitter/X embed codes exactly. The share icons are tags with class bi… they are media? Not exactly media, but they are icons. Probably considered part of UI, not article content. Might need to keep them? The rule says “Do not alter, delete, or skip any HTML media elements.” Share icons are not media; they are UI elements. However they are inside the article. It’s ambiguous. Safer to keep them because they are part of HTML. But they might be considered promotional lines. However instruction says remove promotional lines, “SEE ALSO” links, and footer junk. The share icons are not footers; they are social sharing buttons. Could be considered promotional but not explicitly mentioned. Safer to keep them as they are not in the main article text, but are part of the HTML snippet. However the original snippet includes many share icons; maybe they are considered promotional. But the task is to clean the text content; they are not part of the article body (the article includes the paragraph tags). The share icons are after the article? In the snippet they appear after the article. So likely they are not part of the article body to be cleaned. The instruction says “rewritten article HTML body text.” So we need to produce cleaned HTML body text, which likely includes the article paragraphs, headings, images, list items, etc. The share icons maybe outside; but we should keep any media elements that are part of the article (e.g., tags). The list items with are part of article. The share icons are outside article; maybe we should omit them? The instruction says “Leave all tags, video tags, shorts, and Twitter/X embed codes EXACTLY as they are. Keep them inline in their original relative positions.” The share icons are not or iframe or blockquote embed. So maybe they can be removed. But they are HTML elements; maybe they count as “media”?? Not sure. Let’s extract article content: From snippet: – There’s author info lines: “Written by: Olumide Adesina” etc. That’s probably not part of article body but metadata. Should we keep? Probably remove promotional lines, but author bio is maybe considered promotional? Probably not needed in article body. We can drop author line and author bio. Also remove the share icons (the social share block). Also remove the “Quick overview” heading and list? That’s part of article content maybe. The article body text likely includes the paragraphs with class data-path-to-node. Let’s list them: 1. Qualcomm (QCOM) traded around $188 following a notable single-session pullback. QCOM shares dropped 7.17% (losing roughly $14.49 in a single day), significantly underperforming the broader tech indices. 2. (image tag). This is an image media element; we keep exactly. 3. The stock had rallied strongly through September … 4. QCOM has experienced notable upside momentum … 5. Short-term movements … (Wait there are two p with same node? maybe separate paragraphs.) 6. Qualcomm made a strategic partnership with Amazon Web Services (AWS) … 7. Apple Patent Extension: Qualcomm and Apple officially renewed … 8. Analyst Consensus: Wall Street maintains a cautiously optimistic stance… target prices … 9. Opportunities: Growth catalysts … Also the “Quick overview” heading and list: there is Quick overview and … items …. That is part of article; we should rewrite article body, maybe include that heading and list? It says rewrite the surrounding news story body text. Likely we need to incorporate that content into a cohesive article. We might keep the heading and list but rewrite the items into paragraph form or keep as list? The instructions: “Rewrite the headline to be unique, fresh, and professional. Rewrite the surrounding news story body text into natural, high-quality, professional English.” So we should rewrite the entire body, not just paragraphs. Could integrate the list items into paragraph narrative. We need to remove promotional lines: The “Quick overview” might be considered promotional; but it’s part of article. The list items are factual statements. Might keep but rewrite. The author bio line: “Olumide Adesina is a French-born Nigerian financial writer… 20 years … experience …” That’s likely footer junk; remove. Also need to keep all tags (there are two images). Also any video etc – none present besides maybe the share widget script, but not an iframe. So we keep images as they are. We need to preserve the relative positions of media elements. So final output: – [TITLE] with rewritten headline. Need fresh, professional headline. Original: “Qualcomm (QCOM) Cools Off Amid Broader Tech Pullback and Insider Selling”. Let’s rewrite: “Qualcomm (QCOM) Slips Amid Tech Sector Retreat and Insider Activity”. Something unique. But ensure it’s fresh and professional. Then the cleaned HTML body text: We need to output the article HTML after the title block, with cleaned content. We must ensure we keep images exactly as they appear (including class, alt, src). Also keep the paragraph tags and list. But we should remove author info lines, share icons, maybe the “Quick overview” heading? That might be considered part of article; maybe we keep it but rewrite its text (list items) into natural prose. The heading itself is fine. Let’s restructure: We’ll have: [TITLE]New Headline")
