• BlackRock CEO Larry Fink says developed markets like the U.S. are lagging behind in innovation, leaving payment costs much higher.
• Emerging markets like India, Brazil, and parts of Africa are witnessing dramatic advances in digital payments, bringing down costs and advancing financial inclusion.
• Fink believes the operational potential of underlying technologies in the digital assets space could have exciting applications for the asset management industry.
• BlackRock is exploring the digital assets ecosystem, with a focus on permissioned blockchains and tokenization of stocks and bonds, areas most relevant to their clients.
• Fink sees the benefits of digital asset technologies but highlights the need for regulation to mitigate the risks associated with this developing market.

The article has a positive sentiment towards the potential of digital payments and digital assets, but highlights the need for regulation to mitigate risks.