BlackRock: Stablecoins Seen as a New Component of Future Finance, BTC May Serve as a Diversified Investment Tool

According to a report by Jinse Finance, Jean Boivin, Head of the BlackRock Investment Institute, released a weekly commentary highlighting that recent legislation in the United States, such as the Genius Act, has solidified stablecoins as a digital payment method for the future of finance. BlackRock believes that Bitcoin is poised to become a tool for diversified investment returns and a unique driver of both risk and reward, while viewing stablecoins as a new component of future financial systems. BlackRock further added that its core investment rationale for Bitcoin is the current wave of mainstream adoption of digital assets, driven by regulatory frameworks and support from the U.S. government, which signals that the adoption rate of digital assets will continue to rise.