The U.S. Commodity Futures Trading Commission recently made a big move—launching a digital asset pilot program. The core content? Bitcoin, Ethereum, and USDC can now be used as collateral in the futures derivatives market.

This is quite significant. With the regulator officially endorsing these assets, it’s like giving them a pass into the traditional financial system. Especially USDC, as the first stablecoin officially included in the pilot, its status is on a completely different level compared to other lesser-known stablecoins. Institutional funds now have a more compliant collateral option for entering the derivatives market.

For the market, this is definitely a short-term boost in confidence. In the long run, policies like this are building a bridge between the crypto market and traditional finance—once the liquidity channel opens, capital flows could be several times what they are now. With BTC and ETH being the chosen coins, demand for them will become more stable; USDC’s real-world use cases will expand significantly, which is a positive sign for the entire stablecoin ecosystem.

What about regular investors? Don’t rush to go all in, but keep an eye on the actual data after the policy is implemented. Before collateral demand picks up, the market will go through a process of digesting expectations. Pullbacks are actually a good time to observe positions. These regulatory pilots are usually not isolated events; more assets may be included in the future—keeping an eye on policy developments is more reliable than chasing hype.