State Street Launches GENIUS Act-Aligned Stablecoin Reserve Fund
- Fund Launch Context: State Street Investment Management launched the GENIUS Act-aligned Stablecoin Reserves Money Market Fund, SSCXX, on June 16, 2026, aiming to provide compliant reserve management for stablecoin issuers, with projected global stablecoin issuance reaching between $1.9 trillion and $4 trillion by 2030, indicating strong demand for such products.
- Asset Allocation and Yield: The fund primarily invests in U.S. Treasury obligations, repurchase agreements, and cash, maintaining at least 99.5% of its assets in cash or government securities, with a 7-day SEC yield of 3.54%, offering a secure reserve management option for stablecoin issuers.
- Compliance and Market Signal: The fund's designation as
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Technical Analysis for STABLE
Technical Sentiment Analysis for (STABLE). As of , (STABLE) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 0 indicators are flashing buy, while 6 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for STABLE stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, STABLE is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
(STABLE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0242 | 0.0274 | 0.0311 | 0.0343 | 0.0379 | 0.0411 | 0.0448 |
| Fibonacci | 0.0274 | 0.03 | 0.0316 | 0.0343 | 0.0369 | 0.0385 | 0.0411 |
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