BlackRock: The growth of U.S. debt will drive up cryptocurrency

BlackRock has released its outlook. Setting aside the pessimistic assessment of U.S. bonds and the world's largest economy, the report essentially outlines an optimistic roadmap for institutions to accelerate the adoption of cryptocurrencies.

The report points out that U.S. federal debt will exceed $38 trillion, market vulnerabilities are intensifying, and traditional hedging tools are gradually failing. In this environment, Wall Street giants will turn to digital assets as alternative investments more quickly. Samara Cohen, BlackRock's Head of Global Market Development, stated that stablecoins have "moved beyond niche" and are becoming a key bridge between traditional finance and digital liquidity.