mainstream adoption – Charm

Crypto exchange Bullish valued at nearly $13.2 billion in blowout NYSE debut

Cs news11 months ago11 months ago05 mins

By Ateev Bhandari, Atharva Singh and Hannah Lang (Reuters) -Cryptocurrency exchange operator Bullish was valued at about $13.16 billion after its shares more than doubled in their NYSE debut on Wednesday, underscoring investor confidence in the sector and lifting prospects for future U.S. listings by other digital asset firms. The parent of crypto news website…

J.P.Morgan wary of stablecoin’s trillion-dollar growth bets, cuts them by half

Cs news1 year ago03 mins

By Rashika Singh (Reuters) -J.P.Morgan on Thursday forecast stablecoin growth will only reach $500 billion by 2028, calling trillion-dollar projections “far too optimistic”, as there was little evidence of mainstream adoption of the dollar-pegged cryptocurrency token. Stablecoins have moved beyond their crypto trading roots to attract interest from fintechs and banks aiming to speed up…