<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/528_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTEvMDE5MzJmYTctN2M1Yi03ODBhLWE4ZmItOWNmZjkyMjc2ZWY2.jpg" alt="BNY launches money market fund to hold reserves for US stablecoin issuers"></p><p>Built to align with the GENIUS Act, the new fund provides a regulated vehicle for holding stablecoin reserves in cash and US Treasurys.</p>

BNY launches money market fund to hold reserves for US stablecoin issuers

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