Peter Thiel-backed crypto exchange Bullish has filed for a U.S. IPO, aiming to raise up to $629 million at a valuation of $4.23 billion. Bullish plans to convert part of the proceeds into USD stablecoins. Bullish relaunched its listing plan amid favorable policies like the GENIUS Act and had acquired CoinDesk. https://t.co/CsH5usxmnM ...

Like if you've recently moved your stablecoins for free on BNB Chain 💛 https://t.co/AHBl0UX498 ...

Hong Kong's hard-headed cabbies are a perfect test case for stablecoins, says @andymukherjee. If they work there, they'll work anywhere (via @opinion) https://t.co/fd0bYOSLuP ...

The battle of stablecoins! 🪙 Do you trust $USDT, $USDC, or decentralized options? ...

Stablecoin Market & US Treasury Holdings - Stablecoin issuers, including Circle and Tether, collectively rank as the 16th largest U S Treasury holder globally [1] - By 2030, stablecoin issuers are projected to hold $12 trillion (1200 billion) in Treasuries, potentially becoming the world's largest holder [1] US Crypto Leadership & Policy - The GENIUS Act aims to establish a clear framework for fully-backed stablecoins, using U S Treasuries as a foundation for reserves [1] - US leadership in crypto is expected to create steady demand for US debt and strengthen dollar dominance globally [2] - Progressive American crypto policy is leading the stablecoin era [2] Sei Network's Position - Sei Network is positioned to support the growth of the stablecoin era at scale [2] - Dollars move faster on Sei [2]

You know it's a rough morning when stablecoins make up the top 7 movers on the crypto boardAnd even some of them are red https://t.co/y1tpyknBaB ...

⚡️NEW: CZ responds to Jamie Dimon’s remarks on stablecoins and blockchain by saying, “You will use crypto sooner or later.” https://t.co/qyL6iYWAd8 ...

Cryptocurrency - JPMorgan's Jamie Dimon praises stablecoins [1] - Jamie Dimon remains a Bitcoin skeptic [1]

Market Trends & Regulatory Landscape - Bitcoin initially slid but crossed back above $118,000, while Ether traded at $3,786 and Solana fell nearly 1% to $177 [2] - JP Morgan Chase CEO Jamie Diamond expressed support for stable coins and blockchain technology, despite skepticism towards Bitcoin [5][6] - The White House released a crypto policy framework signaling increasing government support for responsible crypto innovation [8] - The White House crypto report emphasizes the importance of digital assets for US economic competitiveness and global leadership, urging agencies and Congress to act quickly [9][10] - The report highlights the need for clear regulatory frameworks for digital assets, similar to those in the EU, UK, Japan, and Singapore [10] - The Genius Act marks a watershed moment for stable coins and digital payments, encouraging continued adoption and reinforcing the strength of the global dollar system [13][14] Company Performance & Strategy - Robin Hood reported $989 million in revenue, exceeding the $98 million expected, and earnings per share of 42 cents compared to the 31 cents expected, but crypto trading revenue missed estimates at $160 million versus $168 million expected [3] - Robin Hood's CEO Vlad Tennv believes crypto trading will become the infrastructure layer behind real-world assets [4] - JP Morgan Chase partnered with Coinbase to link Chase customer accounts to Coinbase wallets [5] Regulatory Recommendations - The White House crypto report recommends specifying actors within the decentralized finance (DeFi) ecosystem that should have obligations tied to anti-money laundering (AML) and combating the financing of terrorism [15] - The report suggests different regulatory obligations for base layer protocols versus DeFi front-end interfaces [17] - The report recommends Congress give the CFTC spot market authority over digital commodities like Bitcoin and Ether [24]

🚨 LATEST: JPMorgan CEO says the bank supports blockchain and stablecoins, not Bitcoin personally, but will accommodate customer demand. https://t.co/9qggaEouwR ...