Ehteruem has been bagging the financial institutes and the companies along with govt projects lately. And now even the blackrock has been pumping one fund after another in their system. Kind of building decently it seems. 

So they launched the BlackRock Select Treasury Based Liquidity Fund (BSTBL) recently which is launched on mainnet. This would be managing the stablecoin and the asset reserves. 

Blackrock doesn't play average games. They jump into any resources they kind of own it. And they diverisfy across most of the sources. Which goes to show that they are doing the same with the crypto too. Unlike microstrategy they are sticking with stablecoin here. 

Makes you think this would be a good start for the development of the projects around govt backed stablecoins and the RWAs and the funds like these even more power to those projects. 

Check out this fund here. 

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