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,
