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🐋 WHALE WATCH: Morgan Stanley is officially jumping into the stablecoin game.
They just launched a dedicated government money market fund for stablecoin issuers. This is specifically designed to help them follow the new GENIUS Act rules for reserve management.
It is a massive signal that traditional banking and digital assets are merging. This kind of infrastructure makes the whole stablecoin market much more robust.
Do you think this brings more institutional trust to $USDT and $USDC ?