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Stablecoin Reserves Portfolio is a government money market fund designed for issuers of stablecoins.
Morgan Stanley Investment Management has launched a Stablecoin Reserves Portfolio targeting stablecoin issuers.
KEY POINTS
- The new fund only invests in U.S. Treasury bills and overnight government-backed repurchase agreements.
- The fund maintains a constant $1 net asset value and offers daily liquidity without penalties.
- The fund anticipates regulatory requirements from the pending GENUIS ACT mandating regulated reserves for stablecoins.
- Morgan Stanley's recent products include a Bitcoin ETP and tokenized shares with blockchain-mirrored records.
COMPANIES
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