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Gemini shares opened up 32.2% at $37.01 in its Nasdaq debut, giving it a ~$4.4B market cap, after the Winklevoss' exchange operator raised $425M in its IPO (Tanaya Macheel/CNBC)

Tanaya Macheel / CNBC : Gemini shares opened up 32.2% at $37.01 in its Nasdaq debut, giving it a ~$4.4B market cap, after the Winklevoss...

12 September 2025

Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as the CEO of its new US unit and launches USAT stablecoin (Daniel Kuhn/The Block)

Daniel Kuhn / The Block:
Tether names Bo Hines, the former Executive Director of the White House Crypto Council, as the CEO of its new US unit and launches USAT stablecoin  —  - USAT is designed to be a U.S.-regulated, dollar-backed stablecoin and a complement to USDT, which has about $169 billion in circulation.

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