Morgan Stanley Introduces Stablecoin Reserve Portfolio for Issuers

Morgan Stanley has unveiled a Stablecoin Reserve Portfolio, allowing stablecoin issuers to deposit reserves of $10 million or more into its MSNXX money market fund to earn interest. According to NS3.AI, the fund is structured to ensure stability and liquidity by investing in short-term government bonds and cash equivalents. This initiative aligns with the proposed GENIUS framework for stablecoin regulation, aiming to provide a compliant and secure option for stablecoin issuers.