Stablecoin Issuer Circle Moves USDC Reserves Into Fund Managed by BlackRock

US-based peer-to-peer payments company Circle has moved some of its USD Coin (USDC) stablecoin reserves into a fund controlled by $10 trillion asset management firm BlackRock. In a blog post written by Circle’s chief financial officer Jeremy Fox-Geen, the stablecoin issuer says it’s working towards minimizing liquidity, counterparty, operational and reputational risks to assure USDC […]The post Stablecoin Issuer Circle Moves USDC Reserves Into Fund Managed by BlackRock appeared first on The Daily Hodl.