BlackRock Enters Stablecoin Market with GENIUS Act-Compliant Funds
BlackRock has entered the stablecoin market with two new funds that comply with the GENIUS Act, a U.S. law passed in 2025.
The funds are designed to provide compliant, liquid, and yield-generating reserves for stablecoin issuers operating under the GENIUS Act framework.
One fund, BRSRV, is specifically designed for crypto-native institutional investors, allowing them to invest using stablecoins and earn daily reinvestment on U.S. Treasuries.
The other fund, BSTBL, is a tokenized version of an existing BlackRock money market fund, with $7 billion in assets now available as ERC-20 tokens on the Ethereum blockchain.