---
title: "BlackRock Affirms Stablecoins’ Lasting Role in Finance Amid New U.S. Legislation"
description: "BlackRock (NYSE:BLK) has stated that new U.S. legislation, particularly the Genius Act, is solidifying the role of stablecoins in the global financial system. The asset management firm also noted bitc"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/251300794.md"
published_at: "2025-08-02T15:53:27.000Z"
---

# BlackRock Affirms Stablecoins’ Lasting Role in Finance Amid New U.S. Legislation

> BlackRock (NYSE:BLK) has stated that new U.S. legislation, particularly the Genius Act, is solidifying the role of stablecoins in the global financial system. The asset management firm also noted bitcoin's potential as a long-term growth asset, indicating a positive outlook for both stablecoins and cryptocurrencies in light of recent regulatory developments.

In a recent note, BlackRock (NYSE:BLK) emphasized that emerging U.S. laws are reinforcing stablecoins’ position within the global financial landscape, while also highlighting bitcoin’s potential as a long-term growth asset. The asset management giant pointed to the recently enacted Genius Act, stating, “New U.S. legislation – notably this month’s Genius Act – is cementing the \[…\]

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.