Morgan Stanley has launched a new investment fund designed to support stablecoin reserves in line with the proposed GENIUS Act regulations.
The fund invests in cash, short-term U.S. Treasury securities, and overnight repurchase agreements, aiming to maintain a stable $1 net asset value while providing daily liquidity and low-risk income.
This move is part of Morgan Stanley’s broader expansion into digital assets, following earlier initiatives such as its Bitcoin fund and blockchain-based financial products.