Two institutional-grade money market funds under Franklin Templeton have undergone significant adjustments. The LUIXX fund has been restructured, currently holding only US short-term Treasury bonds with maturities of no more than 93 days. This move directly aligns with the regulatory requirements for reserve assets of stablecoins effective in 2025 under the GENIUS Act, enabling the fund to serve as a compliant reserve tool for stablecoin issuers. As blockchain finance and on-chain stablecoin applications continue to expand, LUIXX's flexible allocation reflects traditional financial institutions actively adapting to this trend. Related adjustments for the DIGXX fund are also underway.
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Two institutional-grade money market funds under Franklin Templeton have undergone significant adjustments. The LUIXX fund has been restructured, currently holding only US short-term Treasury bonds with maturities of no more than 93 days. This move directly aligns with the regulatory requirements for reserve assets of stablecoins effective in 2025 under the GENIUS Act, enabling the fund to serve as a compliant reserve tool for stablecoin issuers. As blockchain finance and on-chain stablecoin applications continue to expand, LUIXX's flexible allocation reflects traditional financial institutions actively adapting to this trend. Related adjustments for the DIGXX fund are also underway.