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JPM's new money-market fund (JLTXX) and stablecoin implications
Digital Asset News· 2026-05-15 05:15
JP Morgan is rolling this out. The ticker is JLTXX. The fund invests exclusively in US Treasury securities and overnight repo collateralization by treasuries and cash targeting a dollar.JP Morgan managed it to meet the eligible reserve asset requirement. I thought it was interesting. It actually very smart.J I'm going read this again. JP Morgan manages it, which is their money market fund, to meet the eligible reserve asset requirements that stable coin issuers may need under the genius. ...