BlockBeats News, November 9th, according to sources familiar with the matter, the Commodity Futures Trading Commission (CFTC) is developing a tokenized collateral policy expected to be introduced in early next year. This policy may allow stablecoins to be used as acceptable tokenized collateral in the derivatives market, possibly first piloted at a U.S. clearinghouse with stricter regulation, requiring more information disclosure such as position sizes, large traders and volumes, and more detailed operational event reporting.
BlockBeats News, November 7th, according to Stablewatch data, the past week saw the largest outflow of funds from yield stablecoins since the 2022 Luna Flash Crash of UST, totaling $1 billion. Stream Finance's xUSD saw its fund assets suffer a direct loss of $93 million, bringing it to zero. Coinshift's csUSDL TVL dropped by 95% to only $1.92 million remaining. Elixir's stablecoins deUSD and sdeUSD experienced a simultaneous liquidity crisis.