Reportedly BlackRock is set to acquire 10% of the initial public offering (IPO) shares of Circle, the issuer of USD Coin ($USDC), in what could be a defining moment for the future of regulated stablecoins.
The news, shared by many sources, represents far more than a routine investment—it signals Wall Street’s most powerful player placing a high-conviction bet on the central role of $USDC in global digital finance.
BlackRock doesn’t make casual investments, and a 10% stake in Circle’s IPO is a clear indicator of a long-term institutional strategy. This move is a powerful validation of $USDC as a foundational financial instrument for the evolving digital economy.
It also underscores growing confidence in regulated stablecoins as the infrastructure layer for crypto-native payments, tokenized assets, and institutional blockchain rails.
BlackRock’s involvement will likely accelerate institutional adoption of $USDC, paving the way for deeper integration of stablecoins into traditional finance.
cointelegraph.com
coindesk.com
cryptobriefing.com