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MoonPay Integrates WisdomTree's Tokenized Treasury Fund into Stablecoin Reserves

Guavy AI Editorial Team
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WisdomTree's tokenized U.S. Treasury money market fund, WTGXX, is set to be sold through MoonPay to U.S. investors.

The $1.23 billion fund will be used in MoonPay's stablecoin reserves and marks the latest development in the integration of traditional finance with cryptocurrency.

MoonPay has a network of over 35 million accounts and more than 1,700 enterprise partners, according to its institutional arm led by Caroline D. Pham.

Pham, formerly acting chairman of the U.S. Commodity Futures Trading Commission, stated that 'this work demonstrates how financial innovation can enable better experiences for investors in U.S. regulated markets and products.'

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