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BlackRock Launches GENIUS Act-Compliant Fund for Stablecoin Reserves

BlackRock Launches GENIUS Act-Compliant Fund for Stablecoin Reserves

Published:
2025-10-16 18:31:02
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BTCCSquare news:

BlackRock has introduced a redesigned money market fund tailored to meet the stringent requirements of the GENIUS Act, which governs stablecoin reserves. The fund, holding only cash and short-term U.S. Treasuries, aims to serve as a custodial solution for major stablecoin issuers like Circle and Tether. Tokenization features enable faster settlements and real-time reserve adjustments, aligning with regulatory demands for transparency.

The move underscores Wall Street's deepening involvement in crypto infrastructure, as noted by influencer DustyBC. Monthly third-party audits and restrictions on risky collateral under the GENIUS Act are pushing stablecoin issuers toward institutional-grade custodians like BlackRock.

|Square

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