New LaunchJul 16, 2026, 07:01 AM
Marex enables USDC as initial margin collateral with Coinbase
AI Summary
Marex Group plc announced that its clients can now utilize USDC, a dollar-denominated stablecoin, as initial margin collateral. This new capability, developed in collaboration with Coinbase and Circle, aims to enhance capital efficiencies and enable real-time risk management for clients trading digital assets. The initiative was made possible by a CFTC no-action letter issued in December 2025, permitting the use of non-securities digital assets as customer margin collateral.
Key Highlights
- Marex clients can now use USDC as initial margin (IM) collateral.
- This initiative is enabled in collaboration with Coinbase and Circle.
- Coinbase provides custody, on/off-ramps, and reporting infrastructure.
- The service follows a CFTC no-action letter from December 2025.
- First transaction completed with Prime Trading LLC as a client.
- Enhances capital efficiencies and real-time risk management for clients.
- Marex is a leader in digital assets innovation and crypto markets.
Price Impact
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