BlackRock’s New Stablecoin Gambit: Cash-Infused Poetry Meets Blockchain Drama!
To support these modern-day alchemists-stablecoin issuers-BlackRock has unveiled the BlackRock Select Treasury Based Liquidity Fund (BSTBL), a financial contraption now draped in the garb of the GENIUS Act. This fund, as CNBC so diligently informs us, promises to be a paragon of liquidity and safety, a sanctuary for the faint-hearted investor. One can almost hear the clinking of virtual coins in a vault guarded by spreadsheets. 🛡️📊


