Catenaa, Saturday, April 05, 2025-BlackRock CEO Larry Fink early this week warned that the US dollar’s world reserve currency status is not guaranteed, cautioning that digital assets like bitcoin could replace it if US debt continues rising. In his annual letter, Fink highlighted concerns over national debt outpacing GDP and government interest payments surpassing defense spending.
Fink emphasized that decentralized finance offers efficiency but could weaken America’s financial dominance.
He also pointed to BlackRock’s spot Bitcoin ETF, IBIT, as the fastest-growing ETF launch, now managing over $50 billion in assets.
Beyond bitcoin, Fink championed tokenization as the future of investing, allowing stocks, bonds, and funds to be traded instantly on blockchain networks. He argued that tokenization could eliminate settlement delays, democratize investing, and increase market efficiency.
Despite economic uncertainty, Fink reassured investors that capital markets remain strong and resilient, urging innovation in bridging public and private investments.
