ChainCatcher Message, Fidelity Investments announces the official launch of the USD-pegged stablecoin Fidelity Digital Dollar (FIDD), available for retail and institutional investors. Investors can buy or redeem directly at $1 through Fidelity Digital Assets, Fidelity Crypto, and Wealth Manager platforms.
FIDD is issued on Ethereum and will also be listed on external exchanges, with the ability to transfer to any Ethereum mainnet address. The backing assets are managed by Fidelity Management & Research. Fidelity states that the launch of FIDD benefits from the gradual clarification of stablecoin regulation in the United States, including the GENIUS Act passed last summer, which provides a federal regulatory framework for stablecoins and reduces legal uncertainties for traditional financial institutions issuing such assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Peter Thiel Exits ETHZilla Investment After Ethereum Treasury Stock Craters
In brief
Billionaire investor Peter Thiel and Founders Fund dumped all their shares in Ethereum treasury firm ETHZilla.
Thiel and Founders Fund had purchased a 7.5% stake in the firm in July, sending shares upward amid the news.
Shares of ETHZ have tumbled around 98% from their August h
Decrypt4m ago
TRON Is Printing More Revenue Than Ethereum – So Why Is No One Talking About TRX?
Something strange is happening in crypto right now. TRON is quietly generating massive revenue, yet it still doesn’t get mentioned in the same breath as Ethereum. That disconnect is exactly what aixbt highlighted this week, and the numbers are hard to ignore.
Aixbt posted that TRON (TRX) gener
CaptainAltcoin1h ago
Ethereum Proof-of-Stake Contract Now Holds Over 50% of ETH Supply: Santiment
Ethereum's proof-of-stake contract now holds over 50% of the total ETH supply, with 80.9 million tokens valued at $160.4 billion. Despite price struggles around $2,000, anticipation grows for BlackRock's new Ether ETF.
CryptoNewsFlash1h ago
Price Predictions 2/18: BTC ETH XRP BNB SOL DOGE BCH ADA HYPE XMR
Bitcoin (CRYPTO: BTC) continues to face selling pressure as it tries to defend a key zone around $67,000, with bears pressing at every incline. The $65,118 support remains a focal point for downside risk, while the upside faces hurdles near $72,000 and $74,508. The longer-term picture is
CryptoBreaking1h ago
Ethereum Accumulation Grows Among Long-Term Holders As Prices Decline
Ethereum ($ETH) shows a significant shift in long-term outlook as holder accumulation surges since 2025, with over 50% of supply staked. Despite current market pressure, strong fundamentals suggest potential for recovery driven by institutional adoption and DeFi expansion.
BlockChainReporter1h ago
