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BlackRock: US Debt Growth to Drive Cryptocurrency Surge
Summary: According to reports, BlackRock has released its outlook. Despite the pessimistic view on US bonds and the world's largest economy, this report essentially outlines an optimistic roadmap for institutional adoption of cryptocurrencies. The report points out that US federal debt will exceed $38 trillion, market vulnerabilities are worsening, and traditional hedging tools are gradually becoming ...
According to reports, BlackRock has released its outlook. Despite the pessimistic view on US bonds and the world's largest economy, this report essentially outlines an optimistic roadmap for institutional adoption of cryptocurrencies. The report points out that US federal debt will exceed $38 trillion, market vulnerabilities are worsening, and traditional hedging tools are gradually becoming ineffective. In this environment, Wall Street giants will more quickly turn to digital assets as alternative investments. Samara Cohen, BlackRock's Global Head of Market Development, stated that stablecoins have 'moved beyond niche' and are becoming a key bridge between traditional finance and digital liquidity.
