Morgan Stanley Investment Management launched the Stablecoin Reserves Portfolio under ticker MSNXX on April 23, designed specifically to hold stablecoin issuers’ required reserves in GENIUS Act-compliant instruments.The fund invests exclusively in US Treasury bills with maturities of 93 days or less and overnight repo agreements collateralized by Treasuries, targeting a constant $1 net asset value with daily liquidity.The minimum entry is $10 million, with a 0.15% management fee and a 0.20% net expense ratio, with the fund open to non-stablecoin institutional investors as well.