Fidelity Debuts GENIUS Act Aligned Stablecoin Reserve Fund With 0.25% Fee

Fidelity has launched a government money market fund designed for stablecoin issuers managing reserve assets under the GENIUS Act. The product joins a growing wave of institutional funds built for the fast-expanding stablecoin market. Fidelity Expands Into Stablecoin Infrastructure With New Government Money Fund Fidelity Investments has launched a government money market fund aimed at