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BlackRock to launch a money market fund compliant with the GENIUS Act this Thursday

BlackRock to launch a money market fund compliant with the GENIUS Act this Thursday

Chaincatcher2025/10/16 12:26

According to ChainCatcher, market sources report that BlackRock will launch a money market fund on Thursday that complies with the "Genius Act" bill, aiming to simplify the reserve asset custody process for stablecoin issuers.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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