Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase Bets on ProShares ETF as Stablecoin Reserve Standards EvolveCoinbase invested in Proshares’ GENIUS Money Market ETF as stablecoin reserve standards evolve. The fund uses short-term U.S. Treasurys, cash, and cash equivalents, giving issuers another compliance-focused option for backing payment stablecoins. Coinbase’s IQMM Investment Points to a New Reserve Era for Stablecoins Crypto exchange Coinbase Global Inc. (Nasdaq: COIN) announced on June 2 that […]

editorial staff

Cliffwater Corporate Lending Fund caps redemptions at 5% amid 17% requests

NewLimit triples valuation to $3B with $435M funding round

Binance maintains dominance as crypto derivatives slump to 12-month low

Marvell shares hit record high after Nvidia’s Huang calls it next trillion-dollar company

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

Crypto In 401(k)s: Senators Sanders, Warren Letter Warns $14 Trillion At Risk From DOL Proposal