NFTCircle

SNEAK PEEK<ul><li>Funds structured as Circle’s BlackRock-managed <a href="https://investorbites.com/what-is-stablecoin/" rel="noopener noreferrer nofollow">USDC</a> reserve fund will be disqualified.</li><li>Circle has curbed risk from the banking system and has its cash reserves at BNY Mellon.</li><li>Registered as a “2a-7” government money <a href="https://investorbites.com/tag/market-news/" rel="noopener noreferrer nofollow">market</a> fund, the Circle Reserve Fund is reserved for Circle.</li></ul><a href="https://investorbites.com/ny-feds-new-policy-likely-to-crush-circles-dream-of-accessing-fed/" rel="noopener noreferrer nofollow">Read original article on InvestorBites</a>

NY Fed’s new policy likely to crush Circle’s dream of accessing Fed

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