# Morgan Stanley debuted a money market fund intended for stablecoin issuers on Friday.

*fintech · news · 2026-04-24 · Decrypt*

## Key points

- Morgan Stanley launched the Stablecoin Reserves Portfolio (MSNXX) tailored for stablecoin issuers' reserves.
- MSNXX is specifically designed to comply with last year's federally enacted GENIUS Act reserve requirements.
- Unlike some competitors, MSNXX allocates to notes, bonds, and overnight repo agreements collateralized by liquid assets.
- Morgan Stanley's head of digital-asset strategy revealed tokenized money market funds are planned for future products.

**Companies:** Morgan Stanley, BlackRock, Circle
**Countries:** United States

[Read the full story on Decrypt](https://decrypt.co/365443/morgan-stanley-blackrock-competition-money-market-fund-stablecoin-issuers)

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