Home Cryptocurrency ProShares launches GENIUS-compliant money market ETF for stablecoin issuers

ProShares launches GENIUS-compliant money market ETF for stablecoin issuers

ProShares has launched a new money market exchange-traded fund designed to help stablecoin issuers manage regulatory-compliant reserves backed by short-term U.S. Treasuries. The company said in a Feb. 19 statement that the ProShares GENIUS Money Market ETF, trading under the…

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