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Fidelity To Launch Crypto Stablecoin In Digital Asset Push

Fidelity Investments, a $6 trillion asset manager, is preparing to launch a crypto stablecoin designed by its digital asset team, as reported by Watcher.Guru on March 26, 2025.
This initiative coincides with a shifting regulatory landscape in the U.S. And aligns with Fidelity's broader strategy of asset tokenization, as major financial institutions explore blockchain technology.
The stablecoin is expected to be pegged to the U.S. Dollar and backed by U.S. Treasury bonds, with Fidelity aiming to provide a secure and regulated digital currency option.
U.S. Treasury Secretary Scott Bessant stated that stablecoins will be used to keep the U.S. The dominant reserve currency in the world.
Lawmakers are actively working on stablecoin regulations to address the $234 billion market, while critics express concerns about potential risks and consumer fraud, but advocates believe stablecoins can strengthen the U.S. Dollar and provide financial services to the unbanked.

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thedailyupside.com

Center

Fidelity (and So Many Others) Test Stablecoin Waters

Stablecoins are the Girl Scout cookies of the financial world, and everyone’s splurging for their own this spring. Just this week, Fidelity Investments said it’s testing a stablecoin, and the Trump-backed crypto project World Liberty Financial announced plans to launch one of its own. Stablecoins, a type of cryptocurrency pegged 1:1 to a specific asset like the US dollar, have spiked in popularity in recent years. They’re considered less volati…

4 days ago

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watcher.guru

Center

Fidelity To Launch Crypto Stablecoin In Digital Asset Push

In a new trending digital push, Fidelity Investments intends to join the queue by launching its own stablecoin.

5 days ago

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Globo

Fidelity tests stablecoins in Wall Street's new push to the crypto sector

The project of a digital currency paired with the dollar is yet another foray by the manager into cryptoassets after the launch of bitcoin and ether ETFs

4 days ago·Brazil

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Blockworks

T. Rowe Price PM touts ‘big potential’ of stablecoins

This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. A tech fund portfolio manager at T. Rowe Price is keeping an eye on crypto, noting that the benefit of stablecoins is bringing more attention to the space. Dominic Rizzo, who leads the financial giant’s global technology equity strategy, called stablecoins “the most obvious use case for crypto” at the Exchange ETF conference Tuesday. They clearly have “big,…

4 days ago

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AMBCrypto

Fidelity’s stablecoin move: Does testing phase signal market entry?

Fidelity was reportedly in advance stages for its stablecoin but won't release it immediately. Will it compete Tether?

4 days ago

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The Daily Hodl

$5,000,000,000,000 Asset Manager Fidelity To Launch a USD-Pegged Stablecoin: Report - The Daily Hodl

The asset management titan Fidelity Investments reportedly plans to roll out its own dollar-backed stablecoin. Citing two people familiar with the matter, the Financial Times reports that the Boston-based firm with $5 trillion in assets under management (AUM) is now in the advanced stages of testing the crypto asset. Fidelity’s digital assets arm will manage the stablecoin, which is designed to function as cash in cryptocurrency markets. The rep…

4 days ago

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