The top investment financing firm’s new money market fund will be purely for issuers operating under the GENIUS Act’s reserve requirements. The StateStreet Stablecoin Reserves MoneyMarket Fund (ticker.
State Street, one of the largest asset managers in the United States, has introduced a new money market fund specifically designed to help stablecoin issuers manage their reserve assets ... The SSCXX is classified as a government money market fund (MMF).