Franklin Templeton is modifying its institutional money market funds to integrate with the growing US stablecoin market. This adjustment supports regulatory compliance while maintaining SEC registration, allowing the funds to serve as collateral for payment stablecoins.
By aligning its funds with stablecoin reserve requirements, Franklin Templeton aims to manage stablecoin reserves efficiently. The changes include a blockchain-enabled share class, enhancing cash management capabilities without launching new products.
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