BlackRock takes a piece of booming stablecoin market with redesigned fund

By X-blogger - on October 17, 2025

BlackRock has redesigned one of its money market funds to meet new US stablecoin rules. The $13.5 trillion asset manager said the revamped fund will help manage reserves for companies behind US dollar-pegged stablecoins, offering them a safe place to park customer funds.

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