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State Street unveils stablecoin fund as GENIUS Act reshapes reserves – TON BOT

State Street unveils stablecoin fund as GENIUS Act reshapes reserves

State Street has launched a government money market fund for stablecoin issuers to comply with GENIUS Act regulations. Anchorage Digital and State Street Bank are backing the fund, projecting global stablecoin issuance to reach $1.9 trillion to $4 trillion by 2030. This effort aligns with the evolving regulatory standards for stablecoins.


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