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

source-logo  coingape.com  + 15 more 19 August 2025 13:50, UTC
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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.

coingape.com

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