Kalshi Chooses Coinbase Custody to Secure USDC Reserves

Published at 2025-11-14 06:35:41

On Nov. 14, 2025, Kalshi — the largest regulated prediction market platform in the U.S. — announced it will use Coinbase Custody to safeguard its USDC reserves. The partnership places an institutional custodian at the center of the stablecoin liquidity that underpins Kalshi’s event-based contracts, adding a formal custody layer intended to support security and regulatory oversight as the platform grows.

For traders and counterparties, custody with a recognized institutional provider can lower counterparty risk and improve confidence in on‑chain settlement and off‑ramp processes. The deal highlights rising demand for regulated custody solutions in complex crypto products and may help Kalshi attract deeper liquidity and broader participation as regulators and institutions scrutinize stablecoin management practices.

Share on:

Related news

Coinbase CEO: Tokenized Stocks 'Inevitable' as BNB Chain Tops Market

Coinbase's CEO said tokenized stocks are 'inevitable' despite uncertainty around the CLARITY Act, signaling continued product focus and investor interest. Meanwhile BNB Chain has overtaken Solana as the leading platform for tokenized stocks.

Coinbase CEO: No White House Clash as Industry Pushes Community Bank Support

Coinbase CEO Brian Armstrong said there is no clash with the White House and that talks remain ongoing as the industry works on proposals tied to the CLARITY market-structure bill. The focus is on ways to support community banks' role in crypto.

White House May Pull Support for Crypto Bill After Coinbase Rift

The White House has warned it may withdraw backing for a proposed crypto market bill after Coinbase said it does not support the legislation’s current approach. The dispute widens a split between regulators and major industry players and could reshape the bill’s future.

Coinbase Opposition to CLARITY Act Triggers Crypto Stock Sell-Off

Coinbase’s pushback against the CLARITY Act coincided with a Senate delay on the bill and a sharp sell-off in crypto-related equities, with Circle, Robinhood and Coinbase each sliding over 6%. The episode highlights renewed market sensitivity to regulatory outcomes.

Published at 2026-01-16 14:45:10
Interactive Brokers Adds Stablecoin Funding for Brokerage Accounts

Interactive Brokers now lets eligible clients fund brokerage accounts with stablecoins such as USD Coin (USDC) and PYUSD. The option is intended to simplify fiat on‑ramps and speed settlement for crypto-aware investors.

Published at 2026-01-15 23:30:24