Quỹ dự trữ được token hóa của BlackRock nhận xếp hạng ổn định tiền vốn cao nhất từ S&P Global

The Huoxing Finance report states that on Monday, S&P Global Ratings assigned BlackRock’s new tokenized money market fund, BlackRock Daily Reinvestment Stablecoin Reserve Vehicle (BRSRV), an “AAAm” rating—the highest principal stability rating for funds. The rating is based on factors including investment and counterparty credit quality, maturity structure, and the fund manager’s ability to maintain a stable net asset value. S&P Global Ratings noted no weaknesses in BlackRock’s management and organization, credit research and analysis, risk management, or compliance. It also stated that the fund’s tokenized framework demonstrates operational resilience, employing a permissioned architecture that restricts transactions to whitelisted wallets to mitigate risks associated with the network, smart contracts, and blockchain infrastructure. BRSRV was launched on Monday as an open-end management investment company, aiming to make its shares eligible as qualified reserve assets for payment stablecoin issuers under the GENIUS Act. The fund will hold cash, U.S. Treasury securities maturing in 93 days or less, and overnight repurchase agreements secured by Treasury instruments, maintaining a weighted average maturity of no more than 60 days and a weighted average life of no more than 120 days. On Tuesday, S&P Global Ratings separately released a summary of its stablecoin stability assessment, stating that six of the 11 stablecoins it covers have “adequate” or stronger capabilities to maintain fiat pegs. USDT remains at Level 5 “Weak,” while TUSD and USDe are also at Level 5; USDC, EURC, USDG, and USDP are rated Level 2 “Strong.”