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A new money order: Wall Street, tech titans embrace Stablecoins as regulation looms
As stablecoins edge closer to mainstream adoption, a whirlwind of corporate and legislative activity is reshaping the financial landscape in the United States. On Thursday, Circle Internet Financial made a stunning debut on the New York Stock Exchange, soaring 168% as investors rallied behind the company that issues USDC—the second biggest stablecoin after Tether. By Friday, Circle’s stock was up another 38%, underscoring the growing investor appetite for digital assets tethered to fiat currencies. Jeremy Allaire, Circle’s co-founder and CEO, captured the mood in a Bloomberg interview, declaring, “The world ... (full story)
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