News list for " hosted by BlackRock"

Circle executive: About 90% of USDC's anchor asset reserves are in custody of BlackRock

According to Caixin, David A. Katz, Vice President of Asia Pacific Strategy and Public Policy of Circle, pointed out at the Singapore Forum event that digital assets must first ensure cyber security, and trading systems will not be attacked by hackers; secondly, digital assets must be anchored one-to-one with real, high-quality, and highly liquid assets, and hosted by suitable institutions. For example, about 90% of the asset reserves anchored by USDC are hosted by BlackRock. Circle currently ha...

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2025-09-13 09:58:38
Circle executives: About 90% of the USDC anchor asset reserve is in custody of BlackRock, and one-third of the company is lawyers and compliance personnel

David A. Katz, Vice President of Strategy and Public Policy for Asia Pacific at Circle, pointed out at the Singapore Forum event that digital assets first need to ensure cyber security, and trading systems will not be attacked by hackers; secondly, digital assets need to be anchored one-to-one with real, high-quality and highly liquid assets, and hosted by suitable institutions. For example, about 90% of the asset reserves anchored by USDC are hosted by BlackRock. Circle currently has more than ...

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2025-09-13 02:37:46
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