Holders of cryptocurrencies are no longer satisfied by capital appreciation alone but increasingly seek income from staking and lending. Holders whose investment mandate, liquidity needs, operational capabilities and risk profile permit staking and lending should nevertheless proceed cautiously. While the risk of “slashing” is exaggerated, research into counterparty, custody and cyber-attack risks will earn rewards for institutional investors

Asset manager Fidelity has issued a US dollar-denominated Stablecoin called Fidelity Digital Dollar (FIDD) onto the Ethereum blockchain The issuance follows the granting to Fidelity of a conditional trust bank licence by the Office of the Comptroller of the Currency (OCC) FIDD circumvents GENIUS Act restrictions on paying interest to Stablecoin holders by integrating FIDD with a tokenised money market fund Fidelity Investments has launched a US dollar-denominated Stablecoin,