Federal Reserve officials focused significantly on stablecoins during their July 29-30 meeting, analyzing potential impacts on the financial system following the passage...
Quick HighlightsTreasury Secretary sees stablecoins as future buyers of U.S. debt, especially short-term billsGENIUS Act requires stablecoins to be fully backed by liquid...
From $37 to $118 in Hours — Bullish’s $1.1B IPO Sends ShockwavesBullish, the cryptocurrency exchange backed by Peter Thiel, made Wall Street history...
The crypto platform Bullish (BLSH), the owner of CoinDesk, said it received $1.15 billion in proceeds from its initial public offering in stablecoins,...
In brief
Stablecoin supply climbed to $160 billion, with $32 billion on exchanges and daily inflows topping $1.2 billion, creating the largest pool of...