BlackRock Sees Crypto as Financial Infrastructure

BlackRock postulates that crypto and virtual funds are revolutionizing payments, settlement and regulated financial rails.

BlackRock has marked a pivotal change in the digital asset behavior of the markets, with the crypto not being an investment but the financial infrastructure building upon which financial products depend. According to the largest global asset manager, payments and settlement systems that utilize digital assets, especially stablecoins, are more likely to be anchored by them in the future, and they will transform the ways virtual money flow scans the global economy.

BlackRock analysis does not emphasize price volatility; instead, the value is placed on function. Cryptocurrencies, the company asserts, are infiltrating the spirals of payment systems, liquidity, and foreign currency circulation and are creeping over money markets. Stablecoins, which previously could only be traded, have been transferred to the real world, where transfers of virtual money are now cheaper and faster and involve fewer intermediaries.

BlackRock defined stablecoins as digital dollar rails that are increasingly connecting to wider payment networks. The crypto-based settlement is also solving inefficiencies in disjointed or slow financial systems as more people adopt it, particularly in cross-border transactions involving virtual money.

Policy developments are driving this shift. The United States legislators have advanced the legalization of payment stablecoins, formally establishing them as a regulated financial instrument. The framework proposes the reserve requirement, the audit requirement and the oversight requirement, which puts crypto at the heart of the financial system and solidifies its contribution to the settlement of virtual money.

Observers also note the market's momentum. In 2025, Circle, the issuer of USDC, successfully raised more than $1 billion through a massive IPO in the U.S. BlackRock stated that these achievements indicate that crypto infrastructure is mainstream.