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Circle Soars In First-Ever Stablecoin IPO, Making CEO A Billionaire
Circle, the company behind the $61 billion stablecoin USDC, made a roaring debut on the New York Stock Exchange Thursday, becoming the first stablecoin issuer to go public and making CEO and cofounder Jeremy Allaire a billionaire.
Circle Internet Group Inc. had one of the splashiest debuts in years, with shares surging 168% after the company and some of ...
The "Guiding and Establishing National Innovation for U.S. Stablecoins of 2025" (GENIUS) Act faced headwinds last month after ...
The National Conference of State Legislatures asked that leading lawmakers strike a provision in the Senate stablecoin bill ...
Stablecoin legislation may catalyze Bitcoin’s cycle top of over $150,000 in 2025 as the industry awaits the full Senate vote ...
Cryptopolitan on MSN1d
Will Fidelity’s stablecoin transform the crypto market?Fidelity Investments, one of the world’s most respected financial institutions, has made significant strides in digital ...
The bank is also weighing a tokenized deposit system to make payments more efficient, as regulatory clarity and pending ...
The point of a stablecoin is that it is highly predictable. These digital tokens, whose value is pegged to dollars or euros, ...
Cryptopolitan on MSN1d
Big tech giants Apple, Google, Airbnb, and X explore stablecoin integrationUber’s chief executive, Dara Khosrowshahi, said recently that the ride-hailing company is examining the use of stablecoins ...
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