Digital asset exchange Bullish has successfully completed a $1.15 billion initial public offering (IPO) entirely using stablecoins, marking a first in the U.S. financial markets. Trading under the ticker BLSH on the New York Stock Exchange, Bullish utilized stablecoins such as USDCV, EURCV, USDG, PYUSD, and RLUSD for the settlement. This landmark transaction underscores the growing confidence in stablecoins, which are pegged to traditional fiat currencies, and highlights their increasing role in mainstream finance. Bullish's innovative approach could inspire more companies to consider digital assets in capital markets, aligning with trends in tokenized finance and blockchain-based settlement systems.