Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/Fidelity renews push for its Ethereum-based stablecoin FIDD as a payment and settlement tool.
FIS
Rp351
-Rp89 -20.14%

Fidelity renews push for its Ethereum-based stablecoin FIDD as a payment and settlement tool.

Protocol Fundamentals
10 Sep 2026
Crypto news
View Source
Bullish
Fidelity renews push for its Ethereum-based stablecoin FIDD as a payment and settlement tool.

Fidelity Digital Assets reaffirmed its commitment to the Fidelity Digital Dollar (FIDD), an Ethereum-based stablecoin pegged 1:1 to the U.S. dollar, designed for payments, settlement, and tokenized markets. FIDD is backed by cash, short-term Treasuries, and liquid assets held at Bank of New York Mellon, with daily supply disclosures and monthly reserve audits by PwC. Eligible clients can trade FIDD on Fidelity platforms and external exchanges like Kraken and Bullish. Fidelity positions FIDD as a bridge between traditional finance and blockchain, aiming to expand its use beyond trading to institutional and retail payments and settlements.

More News (FIS)

US spot Bitcoin ETFs saw nearly $1B inflows last week, marking a third straight week of strong demand.

US spot Bitcoin ETFs saw nearly $1B inflows last week, marking a third straight week of strong demand.

US-listed spot Bitcoin ETFs attracted about $987 million in net inflows last week, continuing a three-week streak of rising demand and bringing nearly $3.8 billion into these products since early 2026. BlackRock's iShares Bitcoin Trust led with $692 ...

Market News
Bullish
2 days ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App