Ladies and Gentlemen, a New Stablecoin Fund from BNY! 💰
The fund, as per Thursday’s announcement, is tailored to comply with the GENIUS Act (a name so bold it makes one wonder if the legislators were imbibing something stronger than tea). It shall not invest directly in stablecoins, a decision we find most prudent, lest the very notion of stability be upended by the whims of digital alchemists.


