BlackRock executive: Most clients invest in Bitcoin primarily for its function as a store of value, often referred to as "digital gold," rather than its payment function.

The head of BlackRock's digital assets stated that large asset management clients invest in Bitcoin primarily for its "digital gold" value store function, rather than its payment applications. Stablecoins have already achieved great success in the payments sector, and their potential can be expanded to scenarios such as cross-border transactions and capital market settlements.