'Why wouldn't you want that?' Ex-CFTC chief on the $1 Treasury fund coming to crypto wallets Jackson Alton Hinkle Thu, September 17, 2026 at 4:46 PM PDT 2 min read WT Most crypto wallets have functioned as a home for buying and selling speculative tokens. Caroline D. Pham, CEO of MoonPay Institutional and former acting chairman of the Commodity Futures Trading Commission (CFTC) , thinks they are about to do something far more important for most investors. "I do think that wallets are going to become the future, where you're going to have almost everything in your wallet," Pham said. "It's going to be your checking account, your savings account, your stablecoin wallet, your tokenized fund wallet. It's going to be your brokerage account." Related: Duolingo beats Netflix by 80 spots in new power ranking A Treasury fund in a crypto wallet The first step came Sept. 17, when WisdomTree and MoonPay announced a collaboration to expand U.S. access to WTGXX, the WisdomTree Treasury Money Market Digital Fund, which holds short-term Treasuries. WisdomTree said it is building an access point for its tokenized funds on MoonPay's technology, which reaches more than 35 million users. MoonPay also plans to use the fund in its stablecoin reserves . "It's a 40 Act rule 2a-7 money market fund," said Will Peck, head of digital assets at WisdomTree. "Just like any money market fund that you can buy in your traditional retail brokerage account." Trades like a stablecoin The difference is where it lives and when it trades. In February, the SEC granted WisdomTree exemptive relief allowing the fund's shares to trade and settle around the clock , with the firm's broker-dealer acting as principal against the USDC stablecoin. Peck said that "creates a continuous instrument that can allow people to access money market fund rates while remaining on-chain in a wallet." More news: Bitcoin ETFs post worst day since June as CLARITY stalls Roundtable Secures 10-Year, $1 Billion Agreement, Bringing its AI/DeFi Media Operating System to Global Scale and Profitability Ripple legal chief bullish on XRP despite CLARITY failure, here's why The minimum is "as low as a dollar" and the fund is open to any person or business in the U.S. who can pass basic identity checks. For Pham, the opportunity is the millions already using wallets to speculate. "Imagine if they had access to safe, regulated investment products," she said. "You're going to get that steady return. Why wouldn't you want to have that?" Retail investors will soon get access to WTGXX inside a MoonPay wallet. Pham described "a phased rollout" that starts with API access for MoonPay's partners before reaching other wallets. This story was originally published by TheStreet on Sep 17, 2026, where it first appeared in the MARKETS section. Add TheStreet as a Preferred Source by clicking here. Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info
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