State Street Enters Stablecoin Reserve Race, Joins Blackrock and Goldman With New Genius Act Fund – Bitcoin News
Key Takeaways State Street launched the SSCXX money market fund on June 8, 2026, with $121M in early AUM and a 3.51% yield. The GENIUS Act, signed July 2025, created the federal reserve framework that made this product category possible for stablecoin issuers. Anchorage Digital joined as a seed investor, pairing its federally chartered crypto…
