[US CFTC Plans to Allow Stablecoins as Collateral in Derivatives Market] The U.S. Commodity Futures Trading Commission (CFTC) is formulating tokenized collateral policies, expected to be introduced early next year. The policy may allow the use of stablecoins as acceptable tokenized collateral in the derivatives market and could initially be piloted at U.S. clearinghouses. The policy will also implement stricter regulations, requiring disclosure of position sizes, large traders, trading volumes, and operational event reports, among other information.