Fidelity Investments Starts its own stablecoin in a massive bet that future of banking is on blockchain

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Why This Matters

Fidelity Investments has launched its own stablecoin, FIDD, on the Ethereum blockchain, targeting both institutional and retail users, and aiming to comply with the GENIUS Act's reserve rules.

Market Impact

Market impact analysis based on bullish sentiment with 90% confidence.

Sentiment
Bullish
AI Confidence
90%
Time Horizon
Short Term

Article Context

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The FIDD token will run on Ethereum, serve institutional and retail users, and comply with the new GENIUS Act’s reserve rules.

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Full article on CoinDesk
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Original article published by CoinDesk on January 28, 2026.
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