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Money Market Fund

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Fidelity Enters Stablecoin Reserve Race With New Fund
NEWSJUN 18, 2026
Fidelity Enters Stablecoin Reserve Race With New Fund
Fidelity Investments is launching a money market fund designed to hold reserves for stablecoin issuers and institutional clients under the new GENIUS Act. The move intensifies competition with traditional asset managers as the stablecoin market expands.