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Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape
Coinbase has invested in ProShares’ IQMM money market ETF, a Treasury-focused fund launched under the GENIUS Act as US lawmakers debate stablecoin yield rules.
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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.
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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.
