Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.

The asset manager joins BlackRock, Franklin Templeton and others competing to manage reserves backing the growing stablecoin market.

State Street launches a GENIUS Act-aligned money market fund targeting stablecoin issuers, joining BlackRock, Goldman, and BNY.

State Street Investment Management launched a money market fund for stablecoin issuers, joining JPMorgan, Morgan Stanley and others targeting reserve assets.

Following State Street, Fidelity is targeting reserve assets that underpin the expanding stablecoin market.

Fidelity Investments ha annunciato il lancio del suo fondo riserva stablecoin Fidelity, battezzato Fidelity Reserves Digital Fund.