TREE NEWS update: MoonPay is partnering with WisdomTree to broaden US investor access to the WisdomTree Treasury Money Market Digital Fund (WTGXX) and plans to fold the roughly $1.2 billion tokenized money market fund into its stablecoin reserve management. The fund targets a $1 net asset value per share and drew $466 million in net inflows over the past 30 days. WisdomTree, which manages about $176.7 billion, will use MoonPay’s technology to build the fund gateway, covering MoonPay’s more than 35 million accounts.
MoonPay Adds $1.2B WisdomTree WTGXX Tokenized Fund to Stablecoin Reserves
AI take
This is a notable case of tokenized treasuries moving from a niche product into the plumbing of stablecoin operations, where reserve yield and liquidity are the real competitive battleground. It also shows distribution, not just issuance, becoming the differentiator, with MoonPay's account base acting as the channel. The open question is whether more stablecoin issuers follow this route and whether tokenized money market funds keep pulling inflows at this pace.
Generated by AI for reference only.
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