BlackRock has launched the Select Treasury Based Liquidity Fund (BSTBL) to manage reserves for stablecoin issuers under the new GENIUS Act, expanding its crypto footprint.
BlackRock is expanding its presence in the stablecoin sector with a redesigned money market fund designed to serve stablecoin issuers.
The $13.5 trillion asset manager said the revamped fund, called the BlackRock Select Treasury Based Liquidity Fund … [2200 chars]
Source: Cointelegraph | Published: 2025-10-16T12:52:32Z
Credit: Cointelegraph
