BlackRock plans to integrate USDC into its $25 trillion asset management ecosystem.

BlockBeats News, June 29th, BlackRock announced a deepened collaboration with Ethena Labs. BlackRock's Aladdin institutional investment management platform will further support Ethena's stablecoin products, with USDe becoming one of the crypto assets supported by Aladdin.

The two parties will also launch a $1 billion liquidity mechanism through Securitize to support BlackRock's tokenized U.S. Treasury bond fund, BUIDL, enabling conversions between USDC, USDtb, and other stablecoins, and allowing eligible clients to convert stablecoins to BUIDL during non-trading hours to enhance the interoperability between tokenized assets and digital dollars.