BNY launches money market fund to hold reserves for US stablecoin issuers

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BNY Mellon has launched a money market fund to hold reserves for US stablecoin issuers, aligning with the GENIUS Act.

Market Impact

Market impact analysis based on neutral sentiment with 72% confidence.

Sentiment
Neutral
AI Confidence
72%

Article Context

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Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.

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Original article published by Unknown on November 13, 2025.
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