The BlackRock Investment Institute wrote that stablecoins ‘look here to stay’ and thatrecent legislationcements their use in payments rather than as investment products. The firm tied that view to the GENIUS Act, which creates a federal framework for payment stablecoins.

The BlackRock Investment Institute wrote that stablecoins ‘look here to stay’ and thatrecent legislationcements their use in payments rather than as investment products. The firm tied that view to the GENIUS Act, which creates a federal framework for payment stablecoins.

Source: https://cryptoslate.com/blackrock-says-clear-us-rulebook-turns-stablecoins-into-payment-method-of-the-future-of-finance/