BlockFi Asks Court to Convert Its DOGE and Other Holdings to Stablecoins



BlockFi has submitted a request to convert its trade-only assets, including Algorand (ALGO), Bitcoin Cash (BCH), and Dogecoin (DOGE), to the Gemini Dollar stablecoin. This move would allow the assets to be withdrawn, as they are currently not available for withdrawal due to practical reasons associated with the attributes of the digital coins. The request has the support of BlockFi's committee of unsecured creditors.
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