Coinbase Backs ProShares GENIUS ETF For Stablecoin Reserves
Coinbase took a stake in the ProShares GENIUS ETF (IQMM), the fund holding short-term Treasuries that back stablecoins like USDC. Here is the DeFi angle.
ONDO$0.3575-3.31%MPL$0.0000-87.43%PAXG$4,247.35-1.62%XRP$1.14-3.11%ETH$1,651.15-2.32%SOL$65.05-2.92%ONDO$0.3575-3.31%MPL$0.0000-87.43%PAXG$4,247.35-1.62%XRP$1.14-3.11%ETH$1,651.15-2.32%SOL$65.05-2.92%