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BlackRock just revealed that exposure to stablecoin risks app | Coin Signals

BlackRock just revealed that exposure to stablecoin risks
approval of spot
#Bitcoin ETF.

Blackrock said :

Some stablecoins, particularly Tether, are improperly issued without sufficient backing in a way that,

When the stablecoin is used to pay for
#bitcoin, could cause artificial rather than genuine demand for bitcoin, artificially inflating the price of bitcoin.

@News_Crypto | link