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The Nexus
BUSINESSJun 19 · 01:58 UTCTHE BLOCKDanny Park

Fidelity launches GENIUS-aligned money market fund for stablecoin issuers

Fidelity has launched a money market fund aligned with the GENIUS Act, designed for stablecoin issuers. The fund exclusively invests in eligible reserve assets permitted under the legislation for such issuers.

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