EU Central Banks Seek to Replace MiCA Stablecoin Deposit Floors
The ESCB wants MiCA’s fixed bank-deposit floors replaced with maturity-based liquidity requirements for stablecoin reserves.
Tag: stablecoin reserves
BlackRock Stablecoin Reserve Fund Reports $50 Million First-Month Portfolio
BlackRock’s tokenized stablecoin reserve fund reported $50.1 million in net assets for August, with its portfolio invested entirely in US Treasury debt.
FASB Proposal Sets a High Bar for Stablecoins as Cash Equivalents
A FASB proposal would let some stablecoins qualify as cash equivalents only when holders have direct redemption rights and reserves meet strict conditions.
BlackRock Launches Onchain Stablecoin Reserve Fund
BlackRock launched an onchain government money market fund designed for payment-stablecoin reserves, with a $3 million minimum investment.
State Street Targets Stablecoin Reserves With New Money Market Fund
State Street has introduced a government money market fund for stablecoin reserve managers, with Anchorage Digital and State Street Bank among its initial investors.