Fidelity to Launch First Stablecoin, Fidelity Digital Dollar (FIDD) – A New Era for Investors?

Fidelity Investments is preparing to enter the stablecoin market with the upcoming launch of its first digital dollar token, Fidelity Digital Dollar (FIDD). In an announcement on Wednesday, Fidelity, one of the world’s largest asset managers, said it is entering into regulated on-chain payments and blockchain-based financial infrastructure. The stablecoin will be issued by Fidelity Digital Assets, National Association, and is expected to be available to both retail and institutional investors in the com ...