<ul><li>BlackRock is considering a $600 million investment to acquire a 10% stake in USDC issuer Circle.</li><li>The move signifies increasing institutional interest in stablecoins driven by factors like bond yields and regulatory clarity.</li><li>BlackRock already manages the reserves for USDC and the potential investment could lead to a shift from manager to owner.</li><li>This investment by BlackRock aligns with a larger trend of traditional finance seeking ownership in stablecoin infrastructures, indicating a shift in the DeFi landscape.</li></ul>

BlackRock Aims for 10% of Circle: USDC, Stablecoins, and the DeFi Power Shift

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