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Money Market Funds

A type of mutual fund that invests in short-term debt securities with high liquidity and minimal risk, often used for cash management.

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State Street’s GENIUS Act Fund: A New Era for Stablecoin Reserve Management

By Owais Farooq • 7 hours ago
State Street's GENIUS Act Fund: A New Era for Stablecoin Reserve Management

Financial giant State Street has launched a new money market fund designed to manage assets backing stablecoins, aligning with the principles of the GENIUS Act. This move signals a significant shift in how stablecoin reserves are managed by traditional finance.

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