Bullish’s $1.15B Stablecoin IPO Settlement May Signal Growing On-Chain Use of Ripple’s RLUSD in U.S. Markets

Bullish IPO stablecoins: Bullish received $1.15 billion in IPO proceeds settled on-chain using stablecoins, including Ripple USD (RLUSD) on the XRP Ledger and Ethereum, marking the first U.S. public listing