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Tokenized money market funds emerge as Wall Street’s answer to stablecoins

Goldman Sachs and BNY Mellon’s tokenization push aims to keep money market funds competitive as the US accelerates stablecoin adoption, according to a JPMorgan strategist.

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Tokenized money market funds emerge as Wall Street’s answer to stablecoins

Goldman Sachs and BNY Mellon’s tokenization push aims to keep money market funds competitive as the US accelerates stablecoin adoption, according to a JPMorgan strategist.

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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