Asset management firm BlackRock predicted that the development of artificial intelligence (AI) could accelerate the growth of the cryptocurrency market. According to CryptoBriefing, BlackRock emphasized, "As AI spreads beyond the infrastructure building phase and becomes widely adopted, the use of stablecoins and the demand for computing resources will increase together, thereby expanding the cryptocurrency economy. As enormous amounts of capital flow into the AI industry, the need for infrastructure that can efficiently settle and transfer funds will also grow. BlackRock stressed that cryptocurrencies could play a major role as payment infrastructure in this process."
