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BlackRock · United StatesInvestment manager BlackRock has redesigned one of its flagship treasury funds to cater directly to stablecoin issuers. The new vehicle, called the BlackRock Select Treasury Based Liquidity Fund (BSTBL), is a revamp of the BlackRock Liquid Federal Trust Fund. This story is an excerpt from the Unchained Daily newsletter. To get these updates in your email for free, subscribe here. The fund now invests exclusively in short-term U.S. Treasury se…See the Story
BlackRock Redesigns Money Market Fund for Stablecoins
67% Center coverage: 3 sources
