We

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

????????‍♂️ 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’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

tldr

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 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

In addition to its investment

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

BlackRock will now become the primary cash reserves manager of

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

Deepening Our Partnership with BlackRock - Circle

BlackRock to Be the Primary Manager of the $50 Billion

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

Apart from providing strategic investment

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

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