Urgent.News

What's breaking now, across thousands of outlets.

AI

AI potential to drive crypto demand remains ‘underappreciated’: BlackRock

BlackRock says AI agents could drive demand for stablecoins and programmable payment rails, while tokenized computing capacity could create another opportunity for digital assets.

AI potential to drive crypto demand remains ‘underappreciated’: BlackRock

BlackRock, the world's largest asset manager, believes that artificial intelligence (AI) could drive significant demand for cryptocurrency and blockchain technology. In a recent research paper titled "The Machine-Native Economy," BlackRock argues that AI agents could increase the need for stablecoins, programmable payment rails, and tokenized computing capacity.

The researchers believe that AI adoption remains an underappreciated source of demand for digital assets, which could expand their role as core infrastructure in an increasingly autonomous digital economy. The potential link between AI and digital assets has long been discussed within the crypto industry, but BlackRock's findings could bring this theory to a broader audience of institutional investors.

Written by urgent.news from Cointelegraph's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at cointelegraph.com →

More in AI

Takaichi Stresses Rule of Law at U.N. General Assembly; Highlights AI Concerns

NEW YORK — Prime Minister Sanae Takaichi called for upholding the rule of law amid growing international instability during her address at the U.N. General Assembly on Tuesday (Wednesday Japan time).

  • Prime Minister Sanae Takaichi stresses rule of law at U.N. General Assembly
  • Japan committed to free and open international order, Strait of Hormuz navigation
  • Takaichi addresses AI concerns, proposes economic cooperation program

TVL Trend Analysis & Liquidity Risk Assessment: Gemini

TVL Trend Analysis & Liquidity Risk Assessment: Gemini Target Protocol : Gemini (TVL: $5795.0M) TVL Trend Analysis & Liquidity Risk Assessment – Gemini Protocol: Gemini (Ethereum & L2) – Current TVL…

  • Gemini's TVL reached $5.795 billion across Ethereum mainnet and L2 deployments.
  • TVL grew 38% year-over-year due to Gemini Earn, stablecoin vault, staking, and Liquidity Shield.

More from Wednesday 23 September →