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On November 29, 2023, news emerged that the Commodity Futures Trading Commission (CFTC) is formulating policies to allow the derivatives market to use stablecoins as tokenization collateral starting in early 2026, while also strengthening information disclosure and risk monitoring. If this initiative is implemented, it will provide compliance application scenarios for stablecoins, potentially attracting more institutional funds to get on board and further activating market liquidity.

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