Binance launches stock options selling with full USDC collateral
- —Put sellers must hold full USDC collateral equal to the strike price for every covered share
- —The premium is credited separately and does not reduce the required reserve
- —Funds are reserved when the sell order is placed and released if canceled or expired unfilled
- —Premium payments and share settlement after assignment follow T+1 settlement
Why it matters: The product broadens crypto investors' access to equity options, but conflicting terms create legal uncertainty for sellers.
Source: Cryptonews.net