BlackRock Bets on AI, Stablecoins for Future Growth

BlackRock, a global investment firm, is betting big on the future, favoring US stocks due to the growth of AI and stablecoins. AI is seen as the most dominant force, transforming industries and creating new investment opportunities. Stablecoins, digital currencies with stable values, are also highlighted as crucial in the future of finance, bridging traditional and digital money systems. The stablecoin market has grown by over $100 billion in the past year, now circulating at over $307 billion. BlackRock remains committed to AI and expects it, along with potential interest rate cuts, to support investor risk appetite and favor US stocks.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.