Fed and BlackRock
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Discussions are ongoing with global exchanges about using tokenized bonds as collateral in futures trading. We can expect striking headlines soon, indicating that BlackRock has reached agreements with specific exchanges. Every news item related to BlackRock’s tokenized bond is vital for Ethereum $2,661, as the bond was issued on the Ethereum network
Meanwhile, statements from Fed officials are generating significant attention. Waller, while this article was being prepared, mentioned that stablecoins could provide significant advantages in global payments and stated:
“Stablecoins need controls to minimize risks. They may benefit payment systems. Decentralized finance technologies can offer efficiency.”
These statements lay the groundwork for a future where cryptocurrencies can work in harmony with traditional finance. The rise of such voices from the Biden administration, which has historically been opposed to cryptocurrencies, is exceedingly positive for the crypto landscape in the medium to long term.
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