BlackRock notes that the OCC tokenized reserve cap will threaten BUIDL growth

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قدّم بلاك روك 17-page comment message requesting from the Office of the Comptroller and Auditor General (OCCC) the proposed limit of 20% on encrypted reserve assets in the draft special rules.

The largest asset manager in the world sent this comment on the last day of the comment window set by the agency, which began when the OCC proposal was published in the Federal Register on the 2nd.

لماء يهدد وايع transparent للحتياطيات المرزمة بها بويدل

Describe the proposed roof block as “unnecessary” for the agency’s goals missionwhich was filed in the public registry.

He explained that the risks on the reserves depend on the quality of the credit, the duration, the liquidity, and the liquidity.

This vision carries great commercial weight. According to RWA.xyz, the company’s BUIDL fund holds about 2.6 billion dollars of its own.

Provides more than 90% of the reserves supporting Athena’s USDtb operation andJupiter’s JupUSD on Solana.

It was mentioned in the comment letter that the limit “is not necessary for the purposes of OCC… as it solves the objectives of OCC… the risks through the quality of the credit, the duration, and the liquidity… not if the original is guaranteed, the duration, and the liquidity… not if the original is guaranteed, the duration, and the liquidity… through the book of the professor Mozae”. See the details In the comment.

سوف يقيّد تصفيف at 20% capacity على على على بويدل ن تعربيات مسدراد العلى على بويدل إستادة المسموح بها.

Currently leading Circle’s USYC action Al-Majla Al-Mruz Total assets under management amount to 2.9 billion dollars.

other requests in the speech

The company urged the OCC office to confirm that the funds etf qualify as safeguards under the Al-Madiq requirement. This classification will be extended to include treasury funds etf that invest only in eligible assets.

It also asked the agency to add American Treasury bonds with an interest rate of two cents to the list of eligible assets. These bonds are characterized by weekly updates of the share price and limited price fluctuations.

وقع Roland Villacorta and Benjamin تيكمير الختاب نيابة عن بلاك روك. The Brookings Institution made a separate request on Friday, calling for a withdrawal on unsecured deposits held as a precaution.

Make the 376-page proposal sit alongside parallel rules from the FDIC and the Treasury Department. Everyone must comply before the final deadline of January 2027.

The OCC office’s interaction with the technology will determine how quickly buidl becomes an essential element in the transition of buidl to an essential element in the stable investment issued by the banks.

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