Morgan Stanley Launches Stablecoin Reserve Fund

Morgan Stanley Investment Management has introduced a new fund designed to support stablecoin issuers. The firm announced the Stablecoin Reserves Portfolio (MSNXX) in New York as part of its Institutional Liquidity Funds Trust, structured as a government money market fund. Changing Market Needs According to an April 23 press release, the fund aligns with the reserve requirements outlined in the GENIUS Act. The invest…