3 sourcesTracking since 16 Jun, 16:48
State Street launches GENIUS Act-aligned stablecoin reserve fund with Anchorage
Chronological coverage
First seen16 Jun, 16:48State Street launches GENIUS Act-aligned stablecoin reserve fund with Anchorage
State Street and Anchorage Digital launched SSCXX, a money market reserve fund aimed at regulated stablecoin infrastructure.
AMBCrypto•Adewale Olarinde
Follow-up16 Jun, 17:28State Street launches GENIUS Act-aligned money market fund for stablecoin reserves
The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.
Cointelegraph•Nate Kostar
Latest16 Jun, 21:14State Street unveils stablecoin fund as GENIUS Act reshapes reserves
State Street has launched a government money market fund tailored for stablecoin issuers as new U.S. regulations begin to define how reserve assets can be managed under the GENIUS Act. According to State Street, the newly introduced State Street Stablecoin…
Crypto.news•Lawrence Mondal