August 19, 2025

Bullish Shuns Fiat, Receives $1.15B IPO Proceeds in USDC and RLUSD Stablecoins

Crypto exchange Bullish has become the first to settle its IPO proceeds in stablecoins at such a large scale. The Peter Thiel-backed crypto exchange announced that it had received all the proceeds in several stablecoins, including Circle’s USDC and Ripple’s RLUSD. Bullish Settles IPO Proceeds In Stablecoins In a news release, the crypto exchange announced

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