Coinbase acted as custodian for Circle's USDC, while Bullish utilized stablecoins on the Solana network. Separately, Binance received investment from an Abu Dhabi fund.
5 reports, 3 independent
Updated Jun 30
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 5
- Developments
- 3
- Repetition
- 60%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Coinbase acted as custodian for Circle's USDC, while Bullish utilized stablecoins on the Solana network. Separately, Binance received investment from an Abu Dhabi fund.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Coinbase is developing Base as an Ethereum scaling network, seeking SEC approval for tokenized equities, and planning to support Solana trading.Sub-event
Coinbase custody of Circle's USDC, Bullish on Solana, and Abu Dhabi investment in Binance.1 source
Peter Thiel backed Bullish IPO, with Coinbase as custodian and GS analysts adjusting targets.1 source
Keep exploring
The entities involved
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Coinbase
American company that operates a cryptocurrency exchange platform
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Circle
peer-to-peer payments technology company
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Bullish
cryptocurrency exchange
Nothing else this week.
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Solana
Mexican cottage manufacturer of sporting cars
- Tokenized asset distribution is being enabled using blockchain technology, involving Solana, Ondo, Ethereum, and major companies like Nvidia and Tesla.
- Attackers are exploiting developer platforms and content sites to distribute malware and run phishing campaigns, leveraging GitHub, SourceForge, WordPress, and YouTube.
Related events
- Coinbase is listed on Nasdaq, while Circle's USDC funds a quarter of Coinbase's revenue. The Senate failed to pass the CLARITY Act, amidst FED rate impacts.
- Coinbase distributes USDC, a stablecoin from Circle, and shares in its economics.
- Coinbase announced that it provides custody for underlying securities and supports tokenized assets on the Ethereum chain.
- MoneyGram chose Circle's USDC for payments, amidst intense stablecoin market competition and the dissolution of past partnerships.
- Circle's Arc network achieved major milestones with BlackRock and Visa joining as founding validators, and Binance integrating routes.
Coverage
Newest first; wire copies grouped- yahoo.com
- CoinDeskBullish's $1.15B in IPO Proceeds Was Entirely in Stablecoins—A First for Public Market The crypto platform Bullish (BLSH), the owner of CoinDesk, said it received $1.15 billion in proceeds from its i
- BenzingaPeter Thiel-Backed Bullish Sets New Trend, Accepts $1.15 Billion Going Public Money In Stablecoins Like USDC: 'New Normal' In Making? Cryptocurrency exchange Bullish (NYSE:BLSH) announced Tuesday tha