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Source: The Block Crypto

State Street Launches GENIUS-Compliant Money Market Fund for Stablecoin Issuers

State Street has announced the launch of SSCXX, a new GENIUS-compliant money market fund. This fund is specifically tailored for stablecoin issuers, providing a dedicated investment vehicle for their operations. Described as a conservative Rule 2a-7 government money market fund, SSCXX focuses on investing solely in cash and yield-bearing cash equivalents.

By Fainaron·Jun 16, 2026 (2 hours ago)·2 views
State Street Launches GENIUS-Compliant Money Market Fund for Stablecoin Issuers

State Street has introduced a new money market fund, SSCXX, which is compliant with GENIUS standards. This investment vehicle has been specifically designed to cater to stablecoin issuers.

TheSSCXX fund is classified as a Rule 2a-7 government money market fund. It is characterized as a conservative type of fund, with an investment strategy focused exclusively on cash and cash equivalents that yield returns.

According to The Block Crypto, this offering aims to provide a structured financial product within the evolving digital asset landscape. (Source: The Block Crypto)

#state street#money market fund#stablecoin#sscxx#financial services#investment#genius
Source attribution: This article was AI-curated and rewritten by Fainaron from a piece originally published by The Block Crypto. Read the original at The Block Crypto →

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