Tag: Tokenization Pilot
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CFTC Eyes Stablecoins as Collateral in Tokenization Pilot
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The U.S. Commodity Futures Trading Commission (CFTC), under Acting Chairman Caroline Pham, is advancing a pilot program to explore stablecoin-backed tokenization. This initiative aims to modernise market infrastructure by leveraging distributed ledger technology (DLT) for non-cash collateral. Pham, a Republican commissioner and Trump appointee, is leading the charge after her earlier proposal for a “regulatory…