coin-img-ETHETH-6.66%coin-img-HYPEHYPE-4.25%coin-img-XAUTXAUT-0.77%coin-img-ASTERASTER-7.19%coin-img-BIRBBIRB-31.20%coin-img-BTCBTC-5.40%coin-img-SOLSOL-6.26%coin-img-XRPXRP-5.49%coin-img-ETHETH-6.66%coin-img-HYPEHYPE-4.25%coin-img-XAUTXAUT-0.77%coin-img-ASTERASTER-7.19%coin-img-BIRBBIRB-31.20%coin-img-BTCBTC-5.40%coin-img-SOLSOL-6.26%coin-img-XRPXRP-5.49%coin-img-ETHETH-6.66%coin-img-HYPEHYPE-4.25%coin-img-XAUTXAUT-0.77%coin-img-ASTERASTER-7.19%coin-img-BIRBBIRB-31.20%coin-img-BTCBTC-5.40%coin-img-SOLSOL-6.26%coin-img-XRPXRP-5.49%coin-img-ETHETH-6.66%coin-img-HYPEHYPE-4.25%coin-img-XAUTXAUT-0.77%coin-img-ASTERASTER-7.19%coin-img-BIRBBIRB-31.20%coin-img-BTCBTC-5.40%coin-img-SOLSOL-6.26%coin-img-XRPXRP-5.49%
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Naga Avan-Nomayo

Fidelity to launch FIDD on Ethereum, $1 redeemable stablecoin

Fidelity Investments plans to introduce the Fidelity Digital Dollar (FIDD), a dollar‑backed stablecoin on Ethereum, in the coming weeks, according to a Wednesday press release. Issued by Fidelity Digital Assets' national trust bank, FIDD will be redeemable 1:1 for U.S. dollars and purchasable or redeemable for $1 across Fidelity's platforms, with reserves overseen by Fidelity Management & Research Company LLC.
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