China May Shift From US Treasuries Toward Crypto, Gold; BlackRock Exec

China May Shift From US Treasuries Toward Crypto, Gold; BlackRock Exec

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

In the face of geopolitical tensions and economic sanctions, powers like China are re-evaluating the security of their sovereign assets. A dynamic of rupture is beginning, driven by a quest for financial independence and the desire to escape Western levers of influence. This strategic realignment could permanently reshape the global monetary balance and open a new era for alternative assets such as gold... and bitcoin. The article China could fa…

BlackRock, five others account for 88% of all tokenized treasury issuance

The post BlackRock, five others account for 88% of all tokenized treasury issuance appeared first on Daily Truth Report • DailyTruthReport.com.

BlackRock Executive Points to Shift Away From Dollar-Based Reserves

BlackRock's head of thematics and active ETFs, Jay Jacobs, has revealed that central banks, particularly China, may be moving away from US Treasuries toward alternative assets such as gold and Bitcoin. This shift comes amid growing geopolitical tensions and global uncertainty, according to Jacobs' recent CNBC interview.Jacobs noted that countries have been reducing their reliance on dollar-based reserves over the past few years. "This whole dive…

China may shift from US Treasurys toward gold, crypto — BlackRock exec - WorldNL Magazine

Central banks, particularly China, may start to shift away from US Treasurys, exploring alternatives such as gold and Bitcoin, according to Jay Jacobs, BlackRock’s head of thematics and active ETFs.In a recent interview with CNBC, Jacobs said that geopolitical tensions and rising global uncertainty are accelerating diversification strategies among central banks.He pointed to a long-term trend where countries have been reducing their reliance on …

Geopolitical tensions fuel central bank shift toward gold, crypto — BlackRock exec

Geopolitical risks may drive China and other central banks to reduce reliance on US Treasurys, favoring gold and Bitcoin, says BlackRock’s Jay Jacobs.