New: BNY and Goldman are among banks aiming to manage reserve assets for stablecoin issuers. Both have filed paperworks with the SEC to launch "stablecoin reserve funds" that will target stablecoin issuers and invest only in assets eligible under Genius Act. https://www.theinformation.com/briefings/bny-goldman-eye-managing-reserves-stablecoin-issuers(Yueqi Yang)