Morgan Stanley launches money market fund for stablecoin issuers, $10M minimum

Morgan Stanley launched a stablecoin reserves fund for issuers. Entry ticket is $10 million.

The bank unveiled the Stablecoin Reserves Portfolio, a government money market vehicle built for stablecoin treasuries Business Wire. It’s part of Morgan Stanley Institutional Liquidity Funds and targets daily liquidity and capital preservation.

Key terms
- Minimum investment $10 million Morgan Stanley fund page
- Portfolio: cash, US Treasuries maturing ≤93 days, overnight Treasury repos Business Wire
- Target $1 NAV and same‑day access Business Wire
- Management fee 0.15% Business Wire
- Designed to align with the US GENIUS Act stablecoin standards Business Wire, Congress.gov GENIUS Act

Who it targets
- Stablecoin issuers seeking a regulated, interest‑bearing home for reserves Business Wire
- Institutional scale only, per the $10 million floor Morgan Stanley fund page

Bigger context
- The launch follows Morgan Stanley’s new Morgan Stanley Bitcoin Trust, expanding its digital assets lineup linked to Bitcoin Morgan Stanley.
- The fund’s issuer‑centric design positions the bank to serve stablecoin treasury needs under emerging US rules Business Wire, Congress.gov.

Headline
Morgan Stanley launches $10m‑min stablecoin reserves fund for issuers