Fidelity plans stablecoin launch after SOL ETF ‘regulatory litmus test’

Fidelity Investments is reportedly in the final stages of testing a US dollar-pegged stablecoin, signaling the firm’s latest push into digital assets amid a more favorable crypto regulatory climate under the Trump administration. The $5. 8 trillion asset manager plans to launch the stablecoin through its cryptocurrency division, Fidelity Digital Assets, according to a March 25 report by the Financial Times citing anonymous sources familiar with the matter. The stablecoin development is reportedly part of the asset manager’s wider push into crypto-based services source: https://cointelegraph.com/news/fidelity-stablecoin-launch-sol-etf-regulatory-litmus-test?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound