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BlackRock says stablecoins need bank and central-bank money interoperability

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  • BlackRock’s Nikhil Sharma called for stablecoins to interoperate with bank deposits and central-bank money.
  • The United States enacted the GENIUS Act in July 2025 for payment stablecoin issuers.
  • Swiss National Bank’s Philipp Müller said settlement could use wholesale CBDC or fiat money.
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