Fidelity Digital Dollar(FIDD)

Overview

FIDD (Fidelity Digital Dollar) is a stablecoin pegged 1:1 to the U.S. dollar, issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments. Each token is designed to hold a value fixed to the U.S. dollar, distinguishing it from more volatile cryptocurrencies whose prices float freely.

FIDD is administered under the operational standards of Fidelity Digital Assets and draws on the history, principles, and expertise of the traditional Fidelity Investments business. This structure positions it as a means for institutional and individual users to transfer and hold dollar-denominated value on blockchain networks.