BlackRock and JPMorgan are pushing a “reserve layer” that stablecoin issuers may need by 2027, Yahoo Finance reports

Stablecoins are moving beyond a purely crypto-native model as more traditional payment and settlement channels begin to recognize them, according to a Yahoo Finance market report published this week. The article frames the shift around what it calls a “reserve layer,” suggesting that stablecoin issuers will increasingly need standardized mechanisms to manage and support their reserves as usage expands among larger, institutional counterparties.

The report centers on JPMorgan and BlackRock, arguing they are building parts of that reserve-layer foundation that every stablecoin issuer may require by 2027. It does not spell out, in the text available here, the specific products or contractual structures JPMorgan and BlackRock are using, but it links the broader infrastructural push to new settlement rails that have activated or expanded in a single month.

Among the settlement developments cited by the report is SoFiUSD, described as linked to Mastercard, with the report treating this as an example of stablecoin-backed rails reaching mainstream payment networks. The article also points to Visa stablecoin settlement, positioning these card-based pathways as a key bridge between on-chain value transfer and the payment rails that consumers and merchants already use.

The Yahoo Finance write-up further argues that payment volume is beginning to show up in ways that stablecoin proponents can measure. It references Stripe’s $1.2 billion card volume in connection with these evolving settlement channels, portraying cards as a practical route for stablecoins to become embedded in merchant workflows rather than remaining confined to exchanges and wallets.

On the blockchain side, the report also highlights Solana’s delivery-versus-payment, or DvP, infrastructure. DvP is a settlement approach designed to reduce counterparty risk by coordinating the exchange of an asset with the transfer of payment, so one party does not deliver without receiving value in return. The article groups this with the card and payment-rail developments as another part of the same “fifth rail” concept, implying stablecoin settlement is becoming multi-path rather than relying solely on one chain or one exchange venue.

In addition to identifying specific initiatives, the report’s core claim is about sequencing. It suggests that by 2027, the industry may require a common reserve support layer to handle increased institutional participation and higher-volume settlement. For BlackRock, which is publicly traded under the ticker BLK and is widely associated with institutional asset management, the implication is that the firm’s role may extend beyond investment products toward infrastructure that underwrites the credibility and operational readiness of reserve systems used by stablecoin issuers. For JPMorgan, the same framing implies a bank-backed attempt to standardize or accelerate how reserves and settlements work across networks.