Yesterday, it was revealed that stablecoins are a risk factor for Bitcoin, according to BlackRock.
The news went around the world within minutes, but then it turned out to be just business as usual, meaning nothing particularly curious or important.
BlackRock: the fake news about stablecoins on Bitcoin
Indeed, to be fair, it was initially spread as genuine fake news, although it had some basis in truth.
In fact, some sources erroneously reported that BlackRock had officially stated that it feared USDT and USDC could do damage to Bitcoin.
JUST IN:
Stablecoins USDT & USDC pose risks to Bitcoin says BlackRock
— Whale (@WhaleChart) November 14, 2023
In reality, however, it does not appear at all that BlackRock had lashed out at Tether and Circle, i.e., the issuers of USDT and USDC, and going to verify the primary source of the information revealed that things were slightly but significantly different.
The primary source
The primary source is an official document submitt
We współpracy z: https://en.cryptonomist.ch/2023/11/15/stablecoins-problematic-bitcoin-blackrock/