Stablecoin-Ready

ProShares' stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle

• ProShares’ stablecoin-ready ETF sees $17 billion debut, sparking speculation about Circle Analysts speculated that a large issuer like Circle might be moving reserve assets en ma

ProShares' stablecoin-ready ETF generates record $17 billion in day-one trading volume

• ProShares on Thursday launched a money market ETF designed to hold assets that qualify as reserves for dollar-backed stablecoins.

ProShares launches first stablecoin-ready money market ETF under GENIUS Act

• IQMM follows the GENIUS Act’s 93-day Treasury requirement, effectively narrowing reserve management to short-term government paper.