Morgan Stanley debuts money market fund targeting stablecoin reserve market
Crypto Briefing
Morgan Stanley has launched a money market fund to assist stablecoin issuers in meeting regulatory reserve requirements.Summary
Morgan Stanley Investment Management has introduced the Stablecoin Reserves Portfolio (MSNXX), a money market fund designed to help stablecoin issuers comply with reserve mandates under the GENIUS Act. The fund focuses on capital preservation and daily liquidity by investing in cash, short-term U.S. Treasuries, and overnight repurchase agreements.
This launch represents a significant step in Morgan Stanley's expanding digital asset strategy, which already includes Bitcoin-related trusts and tokenization initiatives. By providing a compliant liquidity solution, the firm aims to support the growing demand for stablecoin infrastructure within the institutional financial system.
(Source：Crypto Briefing)