Amazon and Walmart are exploring the launch of U.S. dollar-backed stablecoins, a move that could reshape how digital transactions flow through the global e-commerce sector, according to people familiar with the matter cited by the Wall Street Journal. … [Read more...] about Amazon and Walmart explore stablecoins to streamline global payments
Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Circle Internet Group's explosive $1.05 billion IPO on the New York Stock Exchange has reignited investor enthusiasm for cryptocurrency listings, marking the largest public offering in the sector since Coinbase’s 2021 debut. The stablecoin issuer priced shares at $31 but opened at $69 and closed at $83.23 on its first day, reflecting surging demand amid improving sentiment in … [Read more...] about Circle’s $1.05 billion debut signals Wall Street revival for crypto firms
Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries
In a landmark move signaling its commitment to cryptocurrency, Trump Media and Technology Group, the operator of Truth Social, Truth+, and Truth.Fi, has announced a private placement offering that will raise approximately $2.5 billion to establish a significant Bitcoin treasury. The deal, one of the largest Bitcoin treasury acquisitions by any public company, underscores Trump … [Read more...] about Trump Media raises $2.5 billion to build one of the largest corporate bitcoin treasuries