{"id":93954,"date":"2026-02-04T21:15:05","date_gmt":"2026-02-04T18:15:05","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=93954"},"modified":"2026-02-04T21:20:21","modified_gmt":"2026-02-04T18:20:21","slug":"fidelity-unveils-stablecoin-fidd","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/fidelity-unveils-stablecoin-fidd\/","title":{"rendered":"Fidelity Unveils Stablecoin FIDD"},"content":{"rendered":"<p>On February 4, Fidelity Digital Assets launched the stablecoin <a href=\"https:\/\/forklog.com\/en\/news\/fidelity-to-launch-its-own-stablecoin\">Fidelity Digital Dollar<\/a> (FIDD). The asset is designed for both institutional and retail clients.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We are excited to introduce Fidelity Digital Dollar (FIDD), a new stablecoin issued by Fidelity Digital Assets, NA and pegged 1:1 to the U.S. dollar.<\/p>\n<p>Learn more and get started with FIDD: <a href=\"https:\/\/t.co\/VlsKPR2BFY\">https:\/\/t.co\/VlsKPR2BFY<\/a> <a href=\"https:\/\/t.co\/wnOnXCRO03\">pic.twitter.com\/wnOnXCRO03<\/a><\/p>\n<p>\u2014 Fidelity Digital Assets (@DigitalAssets) <a href=\"https:\/\/twitter.com\/DigitalAssets\/status\/2019040196214329826?ref_src=twsrc%5Etfw\">February 4, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cFIDD is pegged to the U.S. dollar and backed by Fidelity\u2019s tradition of integrity and transparency,\u201d the statement reads.<\/p>\n<\/blockquote>\n<p>The coin was issued on the Ethereum blockchain and is expected to be listed on popular cryptocurrency exchanges soon.<\/p>\n<p>Clients will be able to purchase and use the asset on Fidelity Digital Assets, Fidelity Crypto, and Fidelity Crypto for Wealth Managers platforms.<\/p>\n<p>The reserves, fully composed of U.S. dollars, are managed by Fidelity Management &#038; Research Company LLC. Audits will be conducted monthly with the participation of PricewaterhouseCoopers LLP.<\/p>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/en\/coins\/fidelity-digital-dollar\">CoinGecko<\/a>, at the time of writing, FIDD&#8217;s market capitalization is just over $59 million, with a daily trading volume exceeding $60 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"507\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7ce7c3831f96e5de-5443972545846538-1024x507.png\" alt=\"image\" class=\"wp-image-274633\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7ce7c3831f96e5de-5443972545846538-1024x507.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-7ce7c3831f96e5de-5443972545846538-300x149.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-7ce7c3831f96e5de-5443972545846538-768x380.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-7ce7c3831f96e5de-5443972545846538.png 1161w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CoinGecko.<\/figcaption><\/figure>\n<p>The launch of this &#8220;stablecoin&#8221; comes amid clarifications in U.S. regulation. The <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-enacts-stablecoin-legislation\">Genius Act<\/a>, passed in the summer, paved the way for many crypto companies to enter the local market.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cThe recent approval of [the law] was a significant milestone for the industry, providing clear regulatory boundaries for payment stablecoins,\u201d noted Mike O\u2019Reilly, president of Fidelity Digital Assets.<\/p>\n<\/blockquote>\n<p>Earlier in January, Tether <a href=\"https:\/\/forklog.com\/en\/news\/tether-launches-federally-regulated-stablecoin-usat-in-the-us\">launched<\/a> the federally regulated stablecoin USAT in the U.S.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On February 4, Fidelity Digital Assets launched the stablecoin Fidelity Digital Dollar (FIDD). The asset is designed for both institutional and retail clients.<\/p>\n","protected":false},"author":1,"featured_media":93955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Fidelity Digital Assets launched the stablecoin Fidelity Digital Dollar (FIDD) for institutional and retail clients.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1248,807,26],"class_list":["post-93954","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-fidelity-investments","tag-stablecoins","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"205","promo_type":"1","layout_type":"1","short_excerpt":"Fidelity Digital Assets launched the stablecoin Fidelity Digital Dollar (FIDD) for institutional and retail clients.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93954","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=93954"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93954\/revisions"}],"predecessor-version":[{"id":93956,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/93954\/revisions\/93956"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/93955"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=93954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=93954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=93954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}