Holpop News

A major investment firm, BlackRock, has begun studying the crypto sector. This was announced by BlackRock CEO Larry Fink in an interview with the Wall Street Journal.
Earlier this week, Circle, which is the issuer of the USD Coin Stablecoin (USDC), announced a strategic partnership with BlackRock.
Fink noted that BlackRock has been working with Circle for the past year and has been managing some of the company’s cash reserves, with the goal of becoming the primary manager of those reserves.
“We are seeing more and more interest in cryptocurrencies from our clients,” he added.
Fink also mentioned that the company is looking into digital currencies, stablenecoins and their underlying technology to see how they can help the company serve customers.