Tag: Cantor Fitzgerald

Why this matters now: Stablecoin giant Tether says Anchorage Digital Bank, N.A will issue its new U.S.-regulated, GENIUS-compliant stablecoin USA₮. — the only U.S. national (OCC-chartered) crypto bank. This positions Anchorage at the center of on-shore stablecoin issuance just as U.S. policy (GENIUS Act) and institutional demand converge.

Tether has announced the upcoming launch of USA₮, a new stablecoin specifically designed to comply with the recently enacted GENIUS Act, representing a decisive move to align with U.S. regulatory standards for stablecoin issuance. Tether remains the dominant player in the global stablecoin market through its flagship product, USDT.

Bullish, the institutional-grade crypto exchange backed by high-profile investor Peter Thiel, has filed for a $100 million IPO on the NYSE (BLSH). This move comes at a pivotal time for the digital assets industry, reflecting renewed investor interest and significant regulatory developments. The IPO positions Bullish as a frontrunner among crypto exchanges seeking mainstream financial legitimacy and expanded institutional reach.