BlackRock wants to run stablecoins

Black Rockck deepens tokenization push with new onchain fund offerings. So obviously they already have BYIDL which is their tokenized treasuries which is on Ethereum. But what they're proposing here is one a daily reinvestment stable coin reserve vehicle built to qualify as Genius Act eligible reserve asset.is basically Black Rockck saying we will manage a fund that you can invest in that will be on blockchain rails where we will manage the treasury and redemptions and printing of stable coins. If you want ...