Blackstone and others launched a monetized money market fund

The monetized money market fund launched by Blackstone, Morgan Chase, Franklin Templeton and Circle has become the fastest-growing real-world asset class in encryption, with a size of over $15 billion in just two years. Such funds monetize the shares of traditional money market funds through block-chain technology, allowing investors to receive benefits while maintaining low risk. The structure and mechanisms of monetized money market funds are similar to those of traditional money market funds, but more efficient settlement and liquidity is achieved through block-chain technology。