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Coinbase investing into stablecoin reserves ETF issued by ProShares

The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.

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theblock.coStai leggendo3 mesi fa

Coinbase investing into stablecoin reserves ETF issued by ProShares

Coinbase is investing in ProShares' IQMM ETF ($22B AUM), structured to meet U.S. legal backing requirements for dollar-backed stablecoins. The GENIUS Act (2027) standardizes reserve tools; Coinbase—linked to USDC—positions stablecoins as regulated payment infrastructure for enterprise fintech.

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martedì 2 giugno 2026·theblock.co
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
martedì 2 giugno 2026·cryptobriefing.com
Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF
Coinbase invests in ProShares’ IQMM ETF to support GENIUS Act stablecoin reserves as demand for compliant infrastructure grows.

Coinbase investing into stablecoin reserves ETF issued by ProShares

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Coinbase investing into stablecoin reserves ETF issued by ProShares

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Coinbase investing into stablecoin reserves ETF issued by ProShares

Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF

Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase expands stablecoin push with investment in ProShares’ IQMM ETF

Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape

Coinbase Bets on Proshares ETF as Stablecoin Reserve Standards Evolve

Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape