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Fidelity Chooses Ethereum For its New FIDD Stablecoin
Jan 29, 2026
< 1 min read
by Martin Young
for CryptoPotato
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Fidelity Investments is launching the Fidelity Digital Dollar (FIDD), a stablecoin pegged 1:1 to the US dollar and backed by reserves. The stablecoin will be available to institutional and retail clients in the coming weeks.
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Fidelity Investments is launching its own stablecoin called the Fidelity Digital Dollar (FIDD), which will be pegged 1:1 to the US dollar and backed by reserves.
The stablecoin will be available to both institutional and retail clients in the coming weeks, according to Bloomberg.
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