State Street targets stablecoin reserve boom with new money market fund

Summary State Street has introduced a government money market fund tailored for stablecoin issuers, aiming to manage the reserves that back digital dollars under the $GENIUS Act framework. The move intensifies competition among major asset managers such as BlackRock, Franklin Templeton, Fidelity and JPMorgan to oversee the Treasury bills, cash and money market funds that […]

Cryptocurrency Wallet Provider Exodus (EXOD) Sold This Altcoin While Buying Bitcoin and Solana! Here Are the Details

Cryptocurrency wallet provider Exodus (EXOD) has announced its digital asset reserves for May. The company increased its Bitcoin ($BTC) and Solana ($SOL) positions while decreasing its Ethereum ($ETH) holdings. The data indicates that the company is beginning to place more weight on Bitcoin and Solana in its portfolio strategy. According to information published by Exodus, […]