Deribit to Launch USDC-Settled BTC and ETH Options

Deribit plans to launch Bitcoin and Ethereum options and futures settled in USDC on August 19, shortly after its $2.9 billion acquisition by Coinbase.

This development could boost trading flexibility and liquidity while enhancing capital efficiency by utilizing USDC, reflecting potential market shifts in the crypto derivatives landscape.

Bitcoin Price and Market Insights as of August 2025

According to CoinMarketCap, Bitcoin’s price stands at $117,623.30 with a market cap of formatNumber(2341564037297, 2) as of August 16, 2025. The 24-hour trading volume is $49.14 billion, a decrease of 31.08% from previous assessments. Over the last 90 days, Bitcoin’s price increased by 12.84%.

The $185 billion monthly volume sets new records for Deribit. The inclusion of USDC for settlement could transform trading dynamics, offering fiat equivalency uncharacteristic for traditional crypto contracts. However, no official remarks have been published by company leaders or primary industry forums.

Reactions remain measured as no statements have been disclosed by financial actors or governmental bodies. Market actors continue to assess the potential shifts in trading practices, with USDC’s role highlighted as pivotal. Luuk Strijers, CEO of Deribit, adds, “We are thrilled to offer innovative products that enhance market access and efficiency for our traders.”

Analysis

Did you know? This high trading volume surpasses past benchmarks, emphasizing Deribit’s growing influence in crypto derivatives, attributed to the USDC-backed initiative.

The Coincu research team noted that USDC-backed initiatives like this often boost institutional participation due to fiat equivalency and liquidity. Financial experts predict this announcement could inspire competitors, potentially leading to new trading practices across derivative markets.

For more insights on the future of Bitcoin options trading, you might find Luuk Strijers discusses the future of Bitcoin options trading enlightening.