Fidelity Plans Stablecoin Launch On Ethereum As Digital Asset Strategy Broadens

Fidelity Investments, one of Wall Street’s largest asset managers and a major issuer of crypto exchange‑traded funds (ETFs), has unveiled plans to deepen its presence in the digital asset market with the launch of its own US dollar‑backed stablecoin. The firm disclosed on Wednesday that it will introduce the Fidelity Digital Dollar, or FIDD, a […]