Fidelity chose
@ethereum to issue its first ever stablecoin.
FIDD, the Fidelity Digital Dollar, is issued by Fidelity Digital Assets, an OCC-chartered national trust bank.
Fidelity at a glance:
→ 50m+ individual investors
→ $17.9 trillion in assets under administration
→ 5.5 million daily average trades
With FIDD, Fidelity is bringing more of the capital markets lifecycle onchain.
Another major FI making Ethereum the default chain in its digital asset strategy.
Live in production on
@ethereum and in DeFi on Curve and Uniswap.