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State Street launches GENIUS Act-aligned money market fund for stablecoin reserves

The launch comes as financial institutions increasingly compete to manage assets backing dollar-pegged stablecoins.

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State Street launches GENIUS Act-aligned money market fund for stablecoin reserves

State Street launches GENIUS Act-aligned money market fund for stablecoin reserves

Published June 16, 2026 · Category: Markets

Overview

The launch comes as financial institutions increasingly compete to manage assets backing dollar-pegged stablecoins.

Source

Originally published at cointelegraph.com.

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