Coinbase International has launched an OTC Settlement service to enhance the capital efficiency of institutional clients.

[Bit推] Coinbase international site announced the integration with ClearLoop network to provide over-the-counter settlement services for institutional clients. This service not only supports institutional management of crypto Collateral but also allows for near real-time settlement of transactions without the need to transfer funds to the exchange, aiming to drop counterparty risk and improve capital efficiency. Currently, the related services only support USDC, but there are plans to support additional collateral assets in the near future.

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MEVHuntervip
· 07-13 04:51
meh, just another way to extract MEV from retail plebs
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ruggedNotShruggedvip
· 07-12 22:09
New institutions are coming to serve, bullish on CB
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ApeWithNoChainvip
· 07-12 13:25
I want to place an order for USDC now.
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LiquidatedNotStirredvip
· 07-10 12:48
It's just a trap shell OTC.
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BlockchainFoodievip
· 07-10 12:47
tasty liquidity... just like a perfect al dente pasta
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SoliditySlayervip
· 07-10 12:45
The big brother in America finally understands.
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GasFeeCrybabyvip
· 07-10 12:40
It's really hard for institutions to make money.
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MEVHunterWangvip
· 07-10 12:32
Just start with USDC and that's it.
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WalletAnxietyPatientvip
· 07-10 12:25
Recently, I've only dared to hold USDC...
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