State Street launches money market fund for stablecoin reserves
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State Street Investment Management Accelerates Digital and Tokenization Innovation with Launch of State Street Stablecoin Reserves Money Market Fund
June 16, 2026 8:30 AM EDTNew solution is among the first GENIUS Act-aligned government money market funds to support stablecoin issuance at scale
BOSTON--(BUSINESS WIRE)-- State Street Investment Management today announced the launch of the State Street Stablecoin Reserves Money Market Fund, a GENIUS Act-aligned registered Rule 2a-7 government money market fund designed specifically for the unique needs of stablecoin issuers. The Guiding and Establishing National Innovation for U.S. Stablecoins ("GENIUS") Act, passed into law by the United States Congress in July 2025, creates a clearer regulatory framework to utilize money market funds registered under the Investment... More
