Circle Reserve Fund product
Overview
The Circle Reserve Fund (CRF) is a money market fund managed by BlackRock that primarily invests in short-term U.S. Treasury securities. It serves as the primary reserve backing for the USDC stablecoin, ensuring liquidity and stability of the token's value.
Within the DeFi Intel graph, Circle Reserve Fund connects to 1 tracked entity, most strongly to MSIM Stablecoin Reserves Portfolio.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 1 of 1 total).
| Relation | Connected entity | Confidence |
|---|---|---|
competes_with | MSIM Stablecoin Reserves Portfolio | 70% |
Frequently asked questions
What is the Circle Reserve Fund?
The Circle Reserve Fund (CRF) is a money market fund managed by BlackRock that primarily invests in short-term U.S. Treasury securities.
What is the Circle Reserve Fund used for?
It serves as the primary reserve backing for the USDC stablecoin, ensuring liquidity and stability of the token's value.
What does the Circle Reserve Fund compete with?
The Circle Reserve Fund competes with the MSIM Stablecoin Reserves Portfolio.