Ethereum Gains Wall Street Adoption as $6T Fidelity Prepares FIDD Stablecoin Launch

The stablecoin will launch on Ethereum — Source: CoinGape Fidelity launches Ethereum-based FIDD stablecoin for trading and on-chain payments. FIDD expands Fidelity’s regulated crypto offerings alongside its Bitcoin, Ethereum, and Solana ETFs. Fidelity Digital Assets will issue FIDD under federal oversight with fully backed reserves. Fidelity Investments, with up to $6 trillion in assets under management (AuM), plans to launch its stablecoin on the Ethereum network. This move marks the latest crypto ...