"The Stablecoin Reserves Portfolio provides payment stablecoin issuers with an eligible money market fund option for investing required reserves backing outstanding payment stablecoins. The fund seeks preservation of capital, daily liquidity, and maximum current income while maintaining a stable $1.00 net asset value."
"Morgan Stanley's new fund is designed to align with stablecoin reserve investment requirements under the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, reflecting the growing institutional demand for compliant digital asset infrastructure."
Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio, a government money market fund, to support stablecoin issuers. This fund aligns with the GENIUS Act and aims to provide compliant, liquid reserve investment solutions. It focuses on capital preservation, daily liquidity, and maintaining a stable $1.00 net asset value. The fund invests in cash, U.S. Treasury securities, and certain overnight repurchase agreements, reflecting Morgan Stanley's commitment to expanding its digital asset strategy and tokenization initiatives.
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