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State Street Launches State Street Stablecoin Reserves Money Market Fund (SSCXX), Offering a Reserve Asset Parking Tool for Stablecoin Issuers. The fund is initially supported by investments from State Street Bank and Trust Company and Anchorage Digital. SSCXX is a Rule 2a-7 government money market fund, primarily investing in cash, short-term U.S. Treasury securities, repurchase agreements, and other cash equivalents, aiming to maintain principal safety, daily liquidity, and a $1 share price. (The Block)