Morgan Stanley launches stablecoin reserves fund aligned with GENIUS Act requirements
The Block
Morgan Stanley Investment Management introduced the Stablecoin Reserves Portfolio to help stablecoin issuers maintain compliant reserve assets.Summary
Morgan Stanley Investment Management has launched the Stablecoin Reserves Portfolio (MSNXX), a government money market fund designed to provide stablecoin issuers with an investment vehicle that complies with the GENIUS Act. The fund focuses on capital preservation, daily liquidity, and income by investing strictly in cash, U.S. Treasury securities, and related repurchase agreements. This initiative represents Morgan Stanley's latest effort to expand its digital asset infrastructure following the recent launch of its Bitcoin exchange-traded product.
(Source：The Block)