Fidelity Digital DollarFIDD Price

FIDD is a stablecoin pegged 1:1 to the U.S. dollar, FIDD is backed by the stringent operational standards of Fidelity Digital Assets and draws on the history, principles, and expertise of the traditional Fidelity Investments business.

Clients can buy or sell FIDD for $1 on the Fidelity Digital Assets platform and through Fidelity Crypto.

FIDD's key functions are supported by Fidelity Investments businesses, offering investors a full-service stablecoin model. Purchases, redemptions, and coin issuance and management are performed by Fidelity Digital Assets, National Association. Reserve asset management is conducted by Fidelity Management & Research Company LLC.

FIDD's circulating supply and reserve net asset value are self-disclosed as of the close of every business day on Fidelity. The FIDD Reserve Report is prepared by Fidelity Digital Assets, NA on a monthly basis and examined by PricewaterhouseCoopers LLP in accordance with AICPA attestation standards.