This marks the first time a major traditional financial institution (BlackRock) has explicitly endorsed government-regulated stablecoins as payment methods. The GENIUS Act's specific prohibition of interest payments represents an unprecedented level of control over digital currency mechanics, creating a framework that could enable centralized monetary oversight of all transactions.
BlackRock Predicts Bitcoin Surge as GENIUS Act Enables Digital Dollar
📰 What Happened
BlackRock, the world's largest asset manager, projects significant Bitcoin growth following the passage of the GENIUS Act, which establishes stablecoins as legitimate payment methods rather than investment products. The legislation prohibits interest payments on stablecoins, which currently represent 7% ($250 billion) of the market. BlackRock analysts note this development could strengthen the US dollar's global dominance through digital currency adoption.
📖 Prophetic Significance
The emergence of BlackRock-backed, government-regulated stablecoins presents a sophisticated deception - appearing as innovation while establishing unprecedented financial control. The $250 billion stablecoin market combined with BlackRock's global influence creates a powerful mechanism for implementing a unified payment system. The GENIUS Act's prohibition of interest payments reveals how digital currencies can be manipulated to control wealth accumulation. This aligns with 2 Thessalonians 2:9-10 regarding the 'deceiving wonders' of the end times, as traditional financial institutions embrace digital systems that could restrict economic freedom.