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State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund

State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve man...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund
State Street Investment Management launched a dedicated money market fund for stablecoin issuers on June 8, 2026, becoming the fourth major financial institution to target one of Wall Street’s fastest-growing reserve management niches. Fund Basics The State Street Stablecoin Reserves Money Market Fund operates under SEC Rule 2a-7 and holds only assets eligible under the […]

Why this matters

BlackRock 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.

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