Fidelity Investments has launched the Fidelity Reserves Digital Fund for institutional investors, including stablecoin issuers, with a $1 million minimum initial investment.
According to NS3.AI, the fund launched on June 15 and invests exclusively in eligible reserve assets permitted under the GENIUS Act.
The fund aims to maintain a $1.00 net asset value and charges a 0.25% management fee.
Separately, DefiLlama data put total stablecoin market capitalization around $315 billion as of today.
Fidelity Launches Digital Fund for Stablecoin Reserve Assets With $1 Million Minimum
2026-06-19 02:29:14
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