Fidelity Launches FIDD Stablecoin To Challenge Circle's USDC, Tether's USDT

Fidelity Investments is launching the Fidelity Digital Dollar (FIDD) stablecoin in early February to compete in the $308 billion stablecoin market dominated by Circle's (NYSE:CRCL) USDC (CRYPTO: USDC) and Tether's USDT (CRYPTO: USDT). FIDD: How It Works The stablecoin will be issued by Fidelity Digital Assets, a federally chartered national trust bank that received approval from the Office of the Comptroller of the Currency in December.

Source: benzinga.com

Related symbols: STABLEUSD

2026-01-28 18:29:04 GMT.