Fidelity Investments announced the launch of the FIDD stablecoin, based on Ethereum; the issuer is Fidelity Digital Assets; reserves consist of cash, cash equivalents, and short-term U.S. Treasuries, compliant with the GENIUS Act; supports 24/7 institutional settlement and on-chain retail payments; 1:1 USD redemption on Fidelity platforms; daily disclosure of issuance volume and reserves, with regular third-party audits. https://t.co/AVvDnJ90Fr ...