BNY Mellon Rolls Out Stablecoin Reserve Fund Built For The New Regulatory Era
BNY Mellon has stepped directly into the stablecoin arena with a new money market fund designed to hold reserve assets for United States stablecoin issuers, marking one of the most significant moves yet by a global bank as the GENIUS Act reshapes the regulatory landscape. The fund is structured specifically for issuers and qualifying institutional […]