BNY Mellon Launches First GENIUS Act-Compliant Money Market Fund for Stablecoin Issuers

The Bank of New York Mellon Corp. (BNY Mellon) has unveiled the Dreyfus Stablecoin Reserves Fund (BSRXX), one of the first U.S. money-market funds tailored to the regulatory needs of stablecoin issuers under the recently enacted GENIUS Act. This fund marks a significant structural bridge between traditional finance (TradFi) and digital asset infrastructure, offering stablecoin […] Read The Full Article BNY Mellon Launches First GENIUS Act-Compliant Money Market Fund for Stablecoin Issuers On Coin Edition.