Morgan Stanley Launches Stablecoin Reserves Fund

Morgan Stanley introduces Stablecoin Reserves Portfolio, aiming to rival stablecoin giants like Circle. Backed by $9.3 trillion in assets, this fund offers a safe parking spot for stablecoin issuers reserves, meeting GENIUS Act rules. The stablecoin market surges, predicted to reach $2 trillion by 2028, driven by finance and AI payments. Circle and Ethena currently use BlackRock funds, but Morgan Stanleys version remains off-chain, with tokenization on the horizon. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d3a8d4df4873832a

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