X @The Block
The Blockยท2026-01-28 22:54
RT Naga Avan-Nomayo (@JeSuisNaga)ICYMI: Another legacy giant moves from tokenization experiments to live crypto rails.๐ฆ Fidelity plans to roll out FIDD, a dollar-backed stablecoin on Ethereum, in the coming weeks.โ๏ธ Said differently: Stablecoins just got another trillion-dollar sponsor, even as Washington negotiates policy.๐ In the background, dollar-backed stablecoin supply is around $300 billion today. Standard Chartered projects another $500 billion could flow into the sector by 2028.๐ต Where will the cap ...