Fidelity launches money market fund designed specifically for stablecoin issuers

Fidelity’s Reserves Digital Fund gives stablecoin issuers a traditional money market fund option for reserve assets, while warning about redemption risk.

Fidelity launched a money market fund for stablecoin reserve requirements. The fund is designed to comply with the federal GENIUS Act framework. It will invest in cash, short-term U.S. Treasuries, and repo agreements. Fidelity Investments has officially entered the institutional race to manage stablecoin reserves by launching a dedicated money market fund.  It is a […] The post Fidelity Launches Stablecoin Reserve Fund Under GENIUS Act Rules appeared first on Live Bitcoin News.

U.S. regulators have proposed requiring certain payment stablecoin issuers to verify customer identities under a new rule issued as part of the GENIUS Act framework. The Federal Reserve Board said Thursday that it is seeking public comment on a joint…

Fidelity FBTC Leads ETF Inflows as Market Bleeds $82M The post Fidelity FBTC Leads Bitcoin ETF Inflows With $14M as Market Bleeds $82M Post-FOMC appeared first on 99Bitcoins.

Fidelity Investments has launched a money market fund aimed at stablecoin issuers and institutional investors seeking to meet reserve requirements under the GENIUS Act. Fidelity said on Thursday that the new Fidelity Reserves Digital Fund will invest in cash, short-term…

The contrasting ETF flows highlight the volatility and shifting investor confidence in crypto markets, impacting institutional adoption strategies. The post Bitcoin spot ETFs see $82M in outflows as Fidelity’s FBTC bucks the trend appeared first on Crypto Briefing.

A HyperEVM yield protocol led by former ex Fidelity and PwC operators has grown from $1.66M to $39M in five months deploying institutional yield strategies, such as delta-neutral and real-world asset strategies that attract capital during DeFi’s pullback.