BlackRockissettochallengeUSDTandUSDC’sdominancewithitsnewproposalforcryptoexchangestoadoptitsBUIDLtokenascollateralonthederivativesmarket.Thisformspartoftheworld’sassetmanager’smovetogainagreaterholdofthecryptomarket,seeingasitalreadyholdsasignificantamountofbitcoinsthroughitsSpotBitcoinETF.