Fidelity Launches Money Market Fund for Stablecoin Reserves Under GENIUS Act

Share

Fidelity has introduced a specialized money market fund targeting stablecoin issuers who need compliant reserve solutions under the GENIUS Act framework. The Fidelity Reserves Digital Fund invests in cash holdings, short-duration Treasury securities, repurchase agreements, and government-backed money market instruments.

Source: Read the original article

Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Lire la Suite

Articles