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

State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve management niches. Fund Basics The State Street Stablecoin Reserves Money Market Fund operates under SEC Rule 2a-7 and holds only assets eligible under the […]

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