- BlackRock could take a $600M, 10% stake in USDC issuer Circle
- It already manages the reserves — now it may want a seat at the table
- Institutional interest in stablecoins is rising fast, driven by bond yields and regulatory clarity
BlackRock may invest $600M to acquire 10% of Circle, the USDC issuer. Here’s why this matters for stablecoins, DeFi infrastructure, and the future of institutional crypto.
In the background of meme coin mania and ETF headlines, something more calculated is happening: BlackRock is reportedly eyeing a 10% stake in Circle, the issuer of USDC.
That’s about $600 million into one of the most trusted stablecoin infrastructures in the U.S. — and it’s happening just as Circle gears up to go public on the NYSE.
This isn’t a random investment. BlackRock already manages the fund backing USDC’s $50B+ in reserves. What we’re seeing now? A natural next step. From manager to owner.
Circle isn’t the biggest (that’s Tether), but in the U.S., it’s the most compliant — and BlackRock knows it. Add to that ARK’s rumored $150M interest, and it’s clear: traditional finance wants to own the stablecoin rails, not just use them.
The timing isn’t accidental either. With U.S. bond yields high, stablecoins like USDC are printing quietly. If this deal happens, it won’t just be about a slice of Circle — it’s about deeper roots in crypto’s financial plumbing.
For readers exploring new exchanges, WEEX is currently offering early users a chance to claim up to 100 USDT just for signing up and verifying — no strings attached.
