How Will Fidelity’s FIDD Stablecoin Fare in An Already Crowded Marketplace?

Fidelity Investments, one of the world’s largest asset managers, announced on Wednesday that it will launch a stablecoin on Ethereum. The token, called the Fidelity Digital Dollar (FIDD), is expected to become available on exchanges in the coming weeks for institutional and retail investors. The move highlights the growing entry of companies and financial institutions The post How Will Fidelity’s FIDD Stablecoin Fare in An Already Crowded Marketplace? appeared first on BeInCrypto.