Aug 3, 2026 7:40 PM

BlackRock is abandoning traditional banking databases to record official ownership of its new money market fund directly on public blockchains like Solana. By using these tokens as reserves for stablecoins under the GENIUS Act, the world’s largest asset manager is effectively making Solana the new infrastructure for the U.S. dollar. If Wall Street is ready to trust public ledgers over private banks, why are we still clinging to traditional finance? What’s your take?
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