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Morgan Stanley Investment Management announced the launch of the Stablecoin Reserves Portfolio, a government money market fund designed to meet investment requirements under the proposed GENIUS Act for stablecoin issuers.

The fund, part of the Morgan Stanley Institutional Liquidity Funds trust with ticker MSNXX, allows payment stablecoin issuers to invest required reserves that back their outstanding stablecoins. The portfolio seeks to preserve capital, provide daily liquidity and generate income while maintaining a stable $1.00 net asset value.