Overview
- The Stablecoin Reserves Portfolio, launched Thursday, April 23, 2026, offers a dedicated money market option for stablecoin issuers.
- It invests only in cash, U.S. Treasuries with 93 days or less to maturity, and overnight Treasury‑backed repos to target a stable $1 share price with daily liquidity.
- The fund is designed to align with the GENIUS Act, which sets reserve standards for payment stablecoins and steers those reserves into eligible, high‑quality government instruments.
- Operational terms were reported as a $10 million minimum investment and a 0.15% annual management fee, according to independent coverage not confirmed in Morgan Stanley’s release.
- The launch extends MSIM’s digital‑asset strategy that includes the April debut of the Morgan Stanley Bitcoin Trust and DAP Class shares tied to BNY’s tokenization work, with BNY also providing custody and administration support.