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    BNY Targets Rising Stablecoin Market With New Reserves Fund For Issuers

    Avatar photoByNovember 15, 2025, 7:00 PM1 Mins read151 Views
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    BNY Targets Rising Stablecoin Market With New Reserves Fund For Issuers | 3verseTV
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    BNY is launching the BNY Dreyfus Stablecoin Reserves Fund (BSRXX), a new money market product designed to help stablecoin issuers meet federal reserve requirements under the recently enacted GENIUS Act.

    The fund does not hold stablecoins but instead provides a regulated structure for backing them with cash-equivalent assets.

    BNY estimates the global stablecoin market could reach $1.5 trillion by 2030. Anchorage Digital provided the fund’s first investment, highlighting its role in building compliant infrastructure for stablecoin issuance.

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    Kapil Rajyaguru -

    Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

    An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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