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Crypto

AI Seen Fueling Crypto Demand, Says BlackRock

Guavy AI Editorial Team
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ETH
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BlackRock has announced that artificial intelligence could increase demand for cryptocurrencies.

The company highlighted that stablecoins are emerging as a seamless payment solution for autonomous software.

According to BlackRock, public networks like Ethereum ($2,734.73 · Live) may benefit from this increased demand.

BlackRock also noted that the computational power required for artificial intelligence could lead to the creation of new digital asset markets.

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