BlackRock revamps its money market fund to tap booming stablecoin demand
Key Takeaways BlackRock is restructuring its money market fund to meet the needs of stablecoin issuers under the US GENIUS Act. The move aligns the fund with the asset composition typically used to back regulated stablecoins such as USDC and PYUSD. Share this article BlackRock is reconfiguring its money market fund to cater specifically to … Read more