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

Fidelity has said its FIDD stablecoin will roll out in coming weeks, letting customers buy or redeem at $1 and send tokens to any Ethereum address. The firm has tied the rollout to U.S. rules after the GENIUS Act, as stablecoins have passed $316B in value. It will post daily supply and reserve data.

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