Fidelity has launched a government money market fund designed for stablecoin issuers managing reserve assets under the GENIUS Act.

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.

The fund invests exclusively in eligible reserve assets permitted for stablecoin issuers under the GENIUS Act.

Fidelity launched the Reserves Digital Fund, a money market fund for stablecoin issuers targeting $1.00 NAV with a 0.18% expense ratio under GENIUS Act

Fidelity has launched a government money market fund designed for stablecoin issuers managing reserve assets under the GENIUS Act.