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.
Steady: 0 in the last 7 days
Updated sep 26
The latest in this situation
How it started
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
Related events
- The OCC finalized stablecoin rules for issuers, driving crypto equity buying and boosting Circle's USDC circulation.
- Samsung Electronics developed and integrated Samsung Wallet, while Coinbase provided sub-custodian services for USDC.
- Coinbase announced its listing on Nasdaq, expanded its use of the Base blockchain for settlement, and is deepening its partnership with Marqeta.
- Stellar leads in tokenized assets compared to Avalanche and XRP Ledger, while Solana holds significant assets supported by Circle stablecoins.
- A Bitcoin hack has occurred, with hacker wallets linked to Coinbase Prime and involving massive transfers linked to Bitfinex and Alameda Research.
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