Moody’s puts AAA rating stamp on Fidelity and BlackRock’s tokenized money market funds
Moody’s assigned its highest credit rating to tokenized money market funds from Fidelity and BlackRock, validating their safety as yield-bearing onchain products. The AAA-mf rating signals an extremely strong ability to ensure high liquidity and capital preservation and the lowest level of risk. Fidelity’s FILQ fund debuted on May 6. The product is powered by...
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