Business Transformation | 01.28.26

Fidelity To Launch a Stablecoin

by: Heather Gillers

Fidelity Investments said it will launch its own stablecoin, the Fidelity Digital Dollar, marking one of the first times a major U.S. investment firm has issued a cryptodollar. The asset manager said the stablecoin will be available to both individual and institutional investors in the coming weeks, following internal testing that began in March. Fidelity has been an early mover in digital assets, previously launching exchange-traded funds that directly hold bitcoin and ether. The rollout follows congressional legislation passed last summer that created a clearer regulatory framework for stablecoins and helped bring them into the financial mainstream.

Read the full article on The Wall Street Journal