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BSCN·2026-04-24 06:19
MORGAN STANLEY LAUNCHES STABLECOIN RESERVES FUNDMorgan Stanley Investment Management has launched the Stablecoin Reserves Portfolio (MSNXX). It is a government money market fund built exclusively for stablecoin issuers.The fund aligns with reserve requirements set out under the GENIUS Act. Stablecoin issuers can use it to park the reserves backing their outstanding tokens.It targets capital preservation, daily liquidity, and maximum current income. The fund also seeks to maintain a stable $1.00 NAV. ...