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Invesco filed with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, a tokenized vehicle investing in cash and short-term U.S. Treasuries to back stablecoins. The fund will run on a public blockchain with Superstate as sub-transfer agent. Invesco has over $2.5 trillion in assets under management.
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Summary by ByteBrief
Why Opera-backed MiniPay wants Africans to spend stablecoins