BlackRock to Manage USDc’s $50 Billion as Custodian Stablecoins Go Fractional Reserve

The world’s biggest asset manager has just become a bit bigger still, grabbing USDc’s fiat reserves to asset manage. “With the BlackRock partnership, we are expanding on our existing relationship…

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• Source: https://www.trustnodes.com/2022/04/13/blackrock-to-manage-usdcs-50-billion-as-custodian-stablecoins-go-fractional-reserve