BlackRock's stablecoin loophole
On May 8, 2026, BlackRock filed two SEC registration statements that quietly collapsed the line between traditional finance and crypto. One turns a $7B Treasury money market fund (TFFXX) into a live token on Ethereum. The other launches a crypto-native Treasury vehicle that pays roughly 4% yield, accrued daily.
May 11, 2026
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3 min read