ALGORITHM ON JULY

Blackrock Again

BlackRock, world’s largest asset manager, invests in USDC

BlackRock joined three other firms to invest $400 million in Circle, the issuer of the second largest stablecoin (USDC). The world’s largest asset manager will also act as

????????‍♂️ blackrock again! This is not the 'Federal Reserve issued bitcoin' being discussed in Right Wing media circles. And yet people are upset that the U.S. wants to create

We

We’ve deepened our partnership with BlackRock, drawing on the operational strength of the world’s largest asset manager to help safeguard the USDC reserve. This is part

BlackRock’s Newest Investment Paves The Way For Digital - Reddit

BlackRock will now become the primary cash reserves manager of

In Addition To Its Investment

BlackRock to Handle Circle's USDC Cash Reserves as Part of $400M

In addition to its investment and role as a primary asset manager of USDC cash reserves, BlackRock has entered into a partnership with Circle to explore capital market

Deepening Our Partnership with BlackRock - Circle

As Part Of The Deal

BlackRock and others infuse $400 million into stablecoin issuer Circle

As part of the deal, BlackRock will become a primary asset manager of USDC cash reservesthe fiat currency backing the Circle-issued USDC stablecoin. Last

Apart from providing strategic investment and being the primary asset manager of USDC cash reserves, BlackRock has inked a broader strategic cooperation with

Tldr

BlackRock joins stablecoin issuer Circle's $400M funding round

tldr; BlackRock will become the primary cash reserves manager of USD Coin, a $50 billion digital asset. It takes on this role as part of a $400 million funding round announced yesterday by

BlackRock to Be the Primary Manager of the $50 Billion