BlackRock, a leading asset management firm, views Bitcoin primarily as a store of value akin to 'digital gold', rather than a global payment method. Robbie Mitchnick, BlackRock's head of digital assets, noted that institutional clients focus on Bitcoin's scarcity and its lack of correlation with traditional banking systems, rather than its use for everyday transactions. While BlackRock acknowledges Bitcoin's potential in payments, it considers this aspect speculative and not central to its investment thesis. Instead, stablecoins are emerging as the preferred solution for value transfers due to their stability and cost efficiency. Despite this, Bitcoin maintains a niche role in remittance payments, especially in emerging markets.