BlackRock is eyeing stablecoins? Wall Street has finally discovered the secret to "passive cash flow"

BlackRock is preparing to launch two tokenized money market funds recently.
Many people see it as boring:
"Isn't it just a fund?"
But those who truly understand are starting to get nervous.
Because this means:
Wall Street is moving fully onto the blockchain.
Previously, stablecoins were just tools in the crypto world;
In the future, they may directly become the underlying infrastructure of traditional finance.
Especially now, as the scale of stablecoins grows larger, behind the scenes, huge short-term government bond yields are actually hiding.
Simply put:
Users think they are holding USDT;
Institutions are actually earning interest on your cash.
And what BlackRock now wants to do is:
Directly bring traditional money market funds onto the blockchain.
Once this becomes mature, the impact could be enormous.
Because in the future:
Transfers, settlements, fund subscriptions, cross-border payments, all could be completed on-chain.
And the biggest misconception in the crypto world is:
Many people think BTC is the main player.
In reality, the ones truly changing the world first might be stablecoins.
Because the core need in finance has never been rapid appreciation,
but:
"Money flowing quickly, safely, and at low cost."