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Bitnomial First U.S. DCO to Accept Stablecoin Margin With RLUSD, Adds XRP Collateral

The move offers on-chain, USD‑pegged collateral for derivatives trading under CFTC oversight.

Overview

  • Bitnomial, a CFTC‑regulated Chicago exchange and clearinghouse, now accepts Ripple USD (RLUSD) and XRP as margin for perpetuals, futures, and options.
  • The company says it is the first U.S.-registered derivatives clearing organization to take stablecoins as margin, building on its September crypto‑margin launch.
  • Institutional access is available on Bitnomial Exchange, with comparable functionality for individual traders coming through the Botanical platform.
  • CEO Luke Hoersten said RLUSD brings “stablecoin efficiency” and greater capital flexibility, while Ripple executive Jack McDonald praised the integration.
  • The additions join existing Bitcoin and Ethereum margin options and follow Bitnomial’s earlier launch of the first XRP futures market in March 2025.