CryptoNeutralBitcoinist · 5h ago6/10
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Fidelity’s FYMXX Fund Targets The Stablecoin Reserve Race
Fidelity has launched its Reserves Digital Fund (FYMXX), offering stablecoin issuers a traditional money market fund option for backing their reserves. The move addresses growing demand for institutional-grade reserve solutions while highlighting redemption risks in the stablecoin ecosystem.
