BUSINESSJun 2 · 20:09 UTCCOINTELEGRAPHCointelegraph by Sam Bourgi

Coinbase invests in ProShares ETF tailored for stablecoin reserve assets

Coinbase has invested in ProShares’ Treasury-focused ETF designed for stablecoin reserve assets in the post-GENIUS era. The move comes as lawmakers debate whether stablecoin issuers can offer yield-bearing products.

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Mentioned

CoinbaseorganizationProSharesorganizationstablecoin reserve assetstopicTreasury-focused ETFtopicpost-GENIUS eratopiclawmakersorganizationyield-bearing productstopic

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