Fidelity seeks approval for a U.S. dollar-backed stablecoin as part of its broader blockchain strategy, following recent ...

Fidelity Investments, a prominent asset management firm overseeing over $5 trillion in assets, is reportedly in the advanced stages of developing its own stable ...

Fidelity Investments is preparing to roll out its own U.S. dollar-pegged stablecoin, marking a significant step forward in the asset manager's ongoing expansion into digital assets.

The stablecoin development is reportedly part of the asset manager’s wider push into crypto-based services. Fidelity is also launching an Ethereum-based “OnChain” share class for its US ...

The stablecoin development comes after two announcements from Fidelity on March 25. The firm first bought $60 million in Bitcoin through its FBTC ETF. Arkham Intelligence, a blockchain analytics ...

Fidelity Investments is testing a stablecoin, while legislation covering dollar-backed cryptocurrencies makes progress in Congress. The Boston-based company was among the first big U.S. asset ...

The development of Fidelity’s stablecoin comes at a time when the US government is moving towards creating a structured approach to cryptocurrency regulation. This impending regulatory framework ...