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

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August 19, 2025
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Bullish Shuns Fiat, Receives $1.15B IPO Proceeds in USDC and RLUSD Stablecoins
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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. Bullish Settles IPO Proceeds In Stablecoins In a news release, the crypto exchange announced

The post Bullish Shuns Fiat, Receives $1.15B IPO Proceeds in USDC and RLUSD Stablecoins appeared first on CoinGape.

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