Fidelity Launching Its Own Stablecoin

One of the world's largest asset managers ($5.9T) is entering the stablecoin game.

The Details:

→ "Fidelity Digital Dollar" (FIDD) launching on Ethereum in early February

→ Backed 1:1 by cash & U.S. Treasuries

→ Daily disclosures + audits

→ GENIUS Act compliant

→ Works with DeFi + 24/7 settlements

Why It Matters:

#Fidelity has been in crypto since 2014. Now they're going head-to-head with USDC and USDT in a $308B+ market.

When a $5.9 trillion giant builds a stablecoin, it's not just news, it's validation that blockchain finance is becoming the standard.