The Wall Street giant has announced a fund build specifically for stablecoin issuers. Here is what it does and means for the market. Morgan Stanley Investment Management has launched the Stablecoin Reserves Portfolio, a government money market fund aimed at providing stablecoin issuers with a regulated, low-risk place to hold reserve assets. The fund, which targets a constant $1 net asset value and offers daily liquidity, invests only in highly liquid instruments such as U.S. Treasury bills and…
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