In a notable development, BlackRock, the world's largest asset management company, indicates that stablecoins are poised to become a fundamental pillar in the upcoming global financial system, backed by major regulatory shifts and increasing institutional interest.
The company's CEO, Larry Fink, does not hide his increasing support for asset tokenization technologies and stablecoins, affirming that they will revolutionize how assets are owned and traded, by enabling fractional ownership and seamless access to digital markets.
The company has taken a practical step by launching the USD Institutional Digital Liquidity Fund (BUIDL), a fund based on stablecoins that is used as collateral in decentralized finance protocols, reflecting the growing integration between traditional financial institutions and the DeFi world.
Estimates suggest that the stablecoin market, currently valued at about $250 billion, could grow to $2 trillion by 2028, thanks to evolving regulatory frameworks, such as the Genius Act, which promotes safer regulation and issuance.
This trend not only represents an investment growth opportunity but also paves the way for the expansion of global payment in digital dollars, enhancing the idea of financial democratization and universal access to assets, making stablecoins a strategic tool in shaping the new digital economy.