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The Nexus
BUSINESSJun 16 · 13:44 UTCTHE BLOCKDaniel Kuhn

State Street launches GENIUS-compliant money market fund for stablecoin issuers

State Street has launched a GENIUS-compliant money market fund (SSCXX) designed for stablecoin issuers. The fund, classified under Rule 2a-7, focuses on conservative investments in cash and yield-bearing cash equivalents.

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State StreetorganizationGENIUStopicSSCXXorganizationRule 2a-7topicstablecoin issuerstopic
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