Fidelity launches GENIUS-aligned money market fund for stablecoin issuers
The fund invests exclusively in eligible reserve assets permitted for stablecoin issuers under the GENIUS Act.
Watchlist
Archive context. The story has cross-source confirmation.
The fund invests exclusively in eligible reserve assets permitted for stablecoin issuers under the GENIUS Act.
Why this matters
Fidelity is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on The BlockRelated market context
Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners
Bitcoin Magazine Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners Kazakhstan has laid out a plan to bu...
Ripple launches institutional RLUSD minting platform with API access
Ripple launched Ripple Mint, an institutional platform for automated RLUSD minting, redemption, bridging, and transaction manageme...
Fidelity buys $21M worth of Bitcoin, continuing its institutional accumulation strategy
Fidelity Investments purchased $21 million in Bitcoin, continuing its institutional crypto accumulation strategy alongside its FBT...
Kazakhstan approves new mining rules to fund $1B Bitcoin reserve
Kazakhstan approved strategic crypto mining rules offering miners capped electricity for 10 years in exchange for Bitcoin contribu...
$981M Bitcoin ETF Streak Signals Institutional Re-Entry, $70K in Sight
Bitcoin spot ETF have recorded seven consecutive trading days of net inflows since July 14, attracting nearly $1 billion as Bitcoi...
Farage, Harborne and the £5M Gift: How UK Crypto Money Reshaped Reform
In UK crypto news today, Christopher Harborne, a stakeholder in Tether and Bitfinex, has become the subject of dual regulatory scr...