{"id":53288,"date":"2025-10-16T17:46:35","date_gmt":"2025-10-16T17:46:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=53288"},"modified":"2025-10-16T17:46:35","modified_gmt":"2025-10-16T17:46:35","slug":"blackrock-to-launch-revamped-money-market-fund-for-serving-stablecoin-issuers","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=53288","title":{"rendered":"BlackRock To Launch Revamped Money Market Fund For Serving Stablecoin Issuers"},"content":{"rendered":"<div>\n<p><strong>BlackRock<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/BLK\">BLK<\/a>) is introducing a redesigned money market fund, the BlackRock Select Treasury Based Liquidity Fund (BSTBL), aligning with the newly <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48141079\/trumps-genius-act-has-changed-global-monetary-system-says-economist-stablecoins-will-usher-in-hyperinflation\">enacted GENIUS Act<\/a>, the first comprehensive U.S. federal framework for stablecoins.<\/p>\n<p><strong>What Happened:<\/strong> The updated BSTBL is tailored for stablecoin issuers required to maintain high-quality, liquid reserves under federal regulation. <\/p>\n<p>According <a href=\"https:\/\/www.cnbc.com\/2025\/10\/16\/blackrocks-crypto-push-deepens-with-a-retooled-product-to-serve-stablecoin-issuers.html?&amp;qsearchterm=blackrock\">to<\/a> CNBC, the fund now carries a Treasury-heavy portfolio, optimized for token issuers operating under U.S. oversight.<\/p>\n<p>This initiative complements BlackRock&#8217;s broader digital asset strategy, which already includes a &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/10\/48258624\/blackrock-to-launch-revamped-money-market-fund-for-serving-stablecoin-issuers\" alt=\"BlackRock\" to launch revamped money market fund for serving stablecoin issuers>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BlackRock (NYSE:BLK) is introducing a redesigned money market fund, the BlackRock Select Treasury Based Liquidity Fund (BSTBL), aligning with the newly enacted GENIUS Act, the first comprehensive U.S. federal framework for stablecoins. What Happened: The updated BSTBL is tailored for stablecoin issuers required to maintain high-quality, liquid reserves under federal regulation. According to CNBC, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-53288","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53288","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53288"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/53288\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}