Fidelity’s New Stablecoin: The Digital Dollar That Might Just Win You Over

On a fine Wednesday, when most were busy contemplating lunch options, the firm made the announcement that sent ripples through the financial community. Meet the Fidelity Digital Dollar, or FIDD-because what’s more appealing than a name that sounds like a quirky character from a children’s book? This dollar-pegged cryptocurrency will be built on the Ethereum blockchain, which some say is like building a castle in the sky, but with a much better foundation.



