
Bullish Exchange Bags $1.15 Billion IPO Proceeds in Stablecoins
Bullish is receiving the payout from its recently completed Initial Public Offering (IPO) entirely in stablecoin.
stablecoin
Bullish is receiving the payout from its recently completed Initial Public Offering (IPO) entirely in stablecoin.
The South Korean Financial Services Commission is set to propose a regulatory framework for a won-pegged stablecoin in October.
According to most investors, the volatility of the cryptocurrency market can only be countered by an asset backed by stable, fiat-based support. Thus, people have become interested in stablecoins.
International payments firm Visa has expanded stablecoin support with USDG, and PYUSD while adding Stellar and Avalanche to boost onchain settlement options.
Citigroup joins other Wall Street giants in stablecoin plans, aligning with U.S. efforts to institutionalize dollar-backed digital assets.
Circle and OKX have partnered to enhance USDC stablecoin liquidity, providing 1:1 USD conversions and improved access for global users.
Polygon records explosive stablecoin address growth in 2025, while POL eyes a potential breakout despite current market pressure.
China’s central bank has asked officials to explore the use of stablecoins for cross-border payments, potentially signaling a shift in policy despite the country’s ongoing crypto ban.
US President Donald Trump urged the swift passage of the GENIUS Stablecoin Act after Senate approval with a 68-30 vote.
Ant Group is eyeing Asian licenses, and U.S. Bancorp is exploring its own digital currency amid soaring corporate interest.
Societe Generale-FORGE introduced its USD-pegged stablecoin, USD CoinVertible (USDCV), utilizing Ethereum and Solana blockchains.
A South Korean lawmaker has introduced a new stablecoin bill, which aims to improve the crypto landscape in the region.
UK’s FCA seeks public feedback on stablecoin and crypto custody rules with a deadline set for July 31 2025.
The White House crypto and AI czar says the GENIUS Act could bring multi-trillion-dollar demand for stablecoins.
Presidential candidate Lee Jae-myung backs a won-backed stablecoin to strengthen South Korea’s financial sovereignty and crypto ecosystem.