Deribit has launched SOL options with USDC as the settlement currency, and will soon launch XRP and MATIC options

PANews reported on March 12 that the cryptocurrency derivatives exchange Deribit launched Solana (SOL) options yesterday and will officially launch Ripple (XRP) and Polygon (MATIC) options at 16:00 on March 12, Beijing time. These new options markets will all use USDC as the settlement currency. This is different from Deribit’s current BTC and ETH inverse options, which use the base currency as collateral.