Fidelity Eyes Stablecoin Launch Amid Growing Interest in Digital Assets

TL;DR Stablecoin Launch: Fidelity is preparing to launch a US dollar-pegged stablecoin backed by US Treasury bonds as part of its digital asset expansion. Regulatory & Competitive Edge: The initiative leverages a crypto-friendly regulatory climate to compete with established stablecoins like USDT and USDC while enhancing transaction transparency. Broad Digital Strategy: This move complements Fidelity’s. source: https://crypto-economy.com/fidelity-eyes-stablecoin-launch-amid-growing-interest-in-digital-assets/