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BNY launches money market fund to hold reserves for US stablecoin issuers

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BNY launches money market fund to hold reserves for US stablecoin issuers

BNY launches money market fund to hold reserves for US stablecoin issuers

Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.


Source: BNY launches money market fund to hold reserves for US stablecoin issuers
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