Federated Hermes is latest asset manager to issue an MMF for stablecoin issuers
Federated Hermes, with AUM of $907 billion, is the latest asset manager to announce a GENIUS Act compliant money market fund (MMF), the Federated Hermes Money Market Management Digital Treasury Fund.
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Federated Hermes launched a GENIUS Act-compliant money market fund for stablecoin issuers.
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