TechFlow reports that on April 24, according to CoinDesk, Morgan Stanley Investment Management (MSIM) officially launched the “Stablecoin Reserve Portfolio” (MSNXX), a government money market fund specifically designed for stablecoin issuers. The fund invests exclusively in highly liquid instruments such as U.S. Treasury securities and repurchase agreements backed by government securities, targets a net asset value of $1.00, and offers daily liquidity. This initiative aims to provide stablecoin issuers with a compliant, low-risk reserve asset custody solution.
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