🚨 BlackRock Quietly Backs $16 Trillion U.S. Dollar Rival USTb
As Bitcoin and crypto prices surge, BlackRock is making bold moves to reshape the financial landscape, backing a radical new stablecoin in the race toward $16 trillion in tokenized finance by 2030.
BlackRock's USD Institutional Digital Liquidity Fund (Buidl) is now fueling Ethena's new stablecoin UStb, a project aiming to revolutionize tokenized finance. This stablecoin will be fully backed by Buidl through a partnership with Securitize, blending the worlds of stablecoins and real-world asset tokenization. The collaboration marks a milestone in the tokenization revolution, as BlackRock positions itself at the center of this transformation—especially as fears around the U.S. dollar’s stability continue to grow.
Larry Fink, BlackRock’s CEO, once dismissed Bitcoin but now admits it is "digital gold" and "legitimate". He also believes the tokenization of assets on blockchain will drive a “revolution on Wall Street”, with $867 trillion in assets primed for disruption, according to the World Economic Forum. As Bitcoin pushes toward $70,000, traders are eyeing BlackRock’s moves. Its spot bitcoin ETF campaign and investments in crypto platforms like Securitize show BlackRock is serious about crypto and tokenized assets. Ethena's UStb stablecoin represents BlackRock’s bet on bridging traditional finance with blockchain technology. With tokenized assets growing rapidly—$120 billion already in circulation, and 58% of them on Ethereum—the push toward a $16 trillion market by 2030 is accelerating. BlackRock’s entry into this space signals that traditional finance is merging with crypto faster than ever, raising the stakes for both investors and regulators.
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👇 Drop a comment below & follow @Professor Mende - Bonuz Ecosystem Founder for more!
