BlackRock’s Bitcoin ETF Filing Revealed Stablecoin Concerns
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BlackRock, the financial behemoth, has issues with stablecoins as an asset class. According to its iShares Bitcoin spot exchange-traded fund (ETF) filing, BlackRock identifies stablecoins as risk factors. The price fluctuations are the main issue. Stablecoins usually have a one-to-one peg with their underlying fiat currency, giving them numerous advantages over other tokens whose movements […]
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