★Coinbase introduces stock perpetual futures contracts for non-U.S. customers

"Coinbase's expansion into leveraged, 24/7 stock perpetuals for non-U.S. clients signals a significant market structure shift, blurring lines between traditional and crypto asset classes. This move could attract substantial capital flows from global retail and institutional traders seeking enhanced liquidity and leverage, potentially fragmenting equity market volume and increasing demand for stablecoins as collateral. It also positions Coinbase to capture a larger share of the global derivatives market, impacting broader regulatory discussions around crypto-native financial products."