Federated Hermes, a U.S. asset management firm with $907 billion in assets under management, has introduced the Federated Hermes Money Market Management Digital Treasury Fund. This new fund complies with the GENIUS Act's stablecoin regulatory requirements and is designed to attract stablecoin issuers, as well as institutional and retail investors. The fund's collateral assets are limited to maturities of no more than 93 days, focusing on highly liquid investments such as cash and U.S. Treasuries.