RWATimes on Nostr: 📰 Fidelity brings FIDD stablecoin to on-chain finance 🗓️ Sep 10 2026 04:45 ...
📰 Fidelity brings FIDD stablecoin to on-chain finance
🗓️ Sep 10 2026 04:45 UTC
Fidelity expands its $50 million FIDD stablecoin for institutional use, with dollar redemption, Ethereum transfers and monthly reserve reviews.
➤ Fidelity Digital Assets has launched its Ethereum-based stablecoin, FIDD, for institutional use, pegged 1:1 to the US dollar and redeemable for fiat.
➤ The stablecoin is backed by cash, short-term Treasuries, and liquid assets, with daily supply disclosures and monthly independent reserve examinations.
➤ FIDD aims to bridge traditional finance and blockchain markets, targeting payments, settlement, and tokenized asset applications, and is available through Fidelity platforms and select exchanges like Kraken.
#fidelity #fidd #stablecoin #ethereum #institutional #onchainfinance #reserve #usdc #usdt #erc20
🔗 Read more at:
https://rwatimes.io/articles/coinmarketcap-fidelity-brings-fidd-stablecoin-to-on-chain-finance-4201977853Published at
2026-09-10 22:30:13 UTCEvent JSON
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"content": "📰 Fidelity brings FIDD stablecoin to on-chain finance\n🗓️ Sep 10 2026 04:45 UTC\n\nFidelity expands its $50 million FIDD stablecoin for institutional use, with dollar redemption, Ethereum transfers and monthly reserve reviews.\n\n➤ Fidelity Digital Assets has launched its Ethereum-based stablecoin, FIDD, for institutional use, pegged 1:1 to the US dollar and redeemable for fiat.\n➤ The stablecoin is backed by cash, short-term Treasuries, and liquid assets, with daily supply disclosures and monthly independent reserve examinations.\n➤ FIDD aims to bridge traditional finance and blockchain markets, targeting payments, settlement, and tokenized asset applications, and is available through Fidelity platforms and select exchanges like Kraken.\n\n#fidelity #fidd #stablecoin #ethereum #institutional #onchainfinance #reserve #usdc #usdt #erc20\n\n🔗 Read more at: https://rwatimes.io/articles/coinmarketcap-fidelity-brings-fidd-stablecoin-to-on-chain-finance-4201977853",
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