BNY Mellon Launches Fund to Improve Stablecoin Reserve Oversight

BNY Mellon Launches Fund to Improve Stablecoin Reserve Oversight

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BNY Mellon has introduced a new money market fund aimed at enhancing oversight and smoothing operations for stablecoin issuers, focusing on safer and more transparent reserves.

BNY Mellon's New Stablecoin Fund Initiative

The new money market fund aims to improve oversight and smooth operations for stablecoin issuers.