ChainCatcher Message, Fidelity Investments announces the official launch of the USD-pegged stablecoin Fidelity Digital Dollar (FIDD), available for retail and institutional investors. Investors can buy or redeem directly at $1 through Fidelity Digital Assets, Fidelity Crypto, and Wealth Manager platforms.
FIDD is issued on Ethereum and will also be listed on external exchanges, with the ability to transfer to any Ethereum mainnet address. The backing assets are managed by Fidelity Management & Research. Fidelity states that the launch of FIDD benefits from the gradual clarification of stablecoin regulation in the United States, including the GENIUS Act passed last summer, which provides a federal regulatory framework for stablecoins and reduces legal uncertainties for traditional financial institutions issuing such assets.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute rally up 0.72%: technical rebound signals and derivatives positions in sync drive the market up
From 2026-04-02 00:30 to 2026-04-02 00:45 (UTC), the ETH 15-minute candlestick shows a gain of +0.72%. The price range is 2137.74 to 2157.47 USDT, with a swing of 0.92%. The volatility is moderate, but as market attention to this unusual move increases, the interest in related market conditions and risk discussions also rises.
The main driver of this unusual move is the convergence of multiple technical rebound signals and derivatives positioning at high levels. A long-legged doji on the monthly chart has formed, creating expectations of a trend reversal. On the daily chart, the RSI is already at 42, having dropped into the oversold zone. 4
GateNews23m ago
Ethereum Defies Crowd Expectations: Here’s Why ETH May Crash Even With a US-Iran Deal
While the war between the United States (supported by Israel) and Iran has dragged on for almost a month, recent indications hint that a de-escalation might be on the horizon.
Some industry participants believe that an eventual truce could act as a catalyst for the cryptocurrency market, but one po
CryptoPotato1h ago
