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Morgan Stanley's Morgan Stanley Investment Management (MSIM) announced the launch of a "Stablecoin Reserve Portfolio," a government money market fund aimed at stablecoin issuers, providing a regulated, low-risk reserve asset allocation vehicle; the fund aims to maintain a $1 net asset value, offers daily liquidity, and invests only in U.S. Treasury securities and repurchase agreements backed by government securities. (CoinDesk)