Coinbase Backs IQMM ETF as Stablecoin Guidelines Take Form
Crypto change Coinbase has invested in ProShares’ stablecoin-focused cash market fund, betting that demand for stablecoin reserve-management merchandise will develop because the just lately enacted GENIUS Act formalizes the varieties of property that may again US dollar-pegged tokens. Coinbase (COIN) introduced Tuesday that it made an undisclosed funding within the ProShares GENIUS Cash Market ETF…