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The MSILF Stablecoin Reserves Portfolio is a government money market fund tailored for stablecoin issuers.
Morgan Stanley launched the MSILF Stablecoin Reserves Portfolio, targeting stablecoin issuers' reserve investments.
KEY POINTS
- The new fund aligns with reserve requirements set out by the GENIUS Act for payment stablecoins.
- MSILF Stablecoin Reserves Portfolio invests only in cash, short-term U.S. Treasury securities, and overnight repos.
- Morgan Stanley's spot Bitcoin ETF, launched this month, has already attracted nearly $173 million in net inflows.
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