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Fidelity launches Fidelity Digital Dollar (FIDD) Stablecoin on Ethereum
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,
Mar 33 min read


Circle will issue USDC Stablecoin on to the Canton Network
Circle, issuer of the USDC Stablecoin, says it will support the use of USDC by participants of the Canton Network blockchain The recent acquisition by Circle of the USYC tokenised money market fund means Canton Network users can use USDC in tandem with USYC The USDC-USYC combination will appeal to cryptocurrency firms looking to trade tokenised securities and funds as well as cryptocurrencies Circle says its USDC Stablecoin will be available on Canton Network. It means USDC c
Jan 20, 20251 min read
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