{"id":19157,"date":"2025-03-26T12:46:55","date_gmt":"2025-03-26T12:46:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19157"},"modified":"2025-03-26T12:46:55","modified_gmt":"2025-03-26T12:46:55","slug":"fidelity-gears-up-to-launch-u-s-dollar-backed-stablecoin","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19157","title":{"rendered":"Fidelity Gears Up To Launch U.S. Dollar-Backed Stablecoin"},"content":{"rendered":"<div>\n<p><strong>Fidelity Investments<\/strong> is preparing to roll out its own <a href=\"https:\/\/www.benzinga.com\/25\/03\/44475966\/trump-backed-world-liberty-financial-confirms-dollar-stablecoin-plans-with-bitgo\">U.S. dollar-pegged stablecoi<\/a>n, marking a significant step forward in the asset manager&#8217;s ongoing expansion into digital assets.<\/p>\n<p><strong>What Happened: <\/strong>The Boston-based firm is finalizing tests for the token through its dedicated digital assets division, Financial Times <a href=\"https:\/\/www.ft.com\/content\/7df7c1d9-9e1f-4de4-8161-1cdb6f4e0e7f\">reported<\/a>.<\/p>\n<p>The forthcoming stablecoin is designed to function as digital cash in crypto markets, aligning with Fidelity&#8217;s broader strategy of capitalizing on blockchain-based innovations. <\/p>\n<p>The move follows its recent filing to issue a tokenized version of a money market fund \u2014 a product set to launch in late May \u2014 in direct competition with similar offerings from BlackRock and Franklin Templeton.<\/p>\n<p>Fidelity&#8217;s announcement arrives as U.S. policymakers, under President <strong>Donald Trump<\/strong>&#8216;s administration, shift toward more crypto-supportive policies. <\/p>\n<p>Trump has openly backed the development of &#8220;lawful &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/03\/44492055\/fidelity-gears-up-to-launch-us-dollar-backed-stablecoin\" alt=\"Fidelity\" gears up to launch u.s. dollar-backed stablecoin>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fidelity Investments is preparing to roll out its own U.S. dollar-pegged stablecoin, marking a significant step forward in the asset manager&#8217;s ongoing expansion into digital assets. What Happened: The Boston-based firm is finalizing tests for the token through its dedicated digital assets division, Financial Times reported. The forthcoming stablecoin is designed to function as digital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19157","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19157"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19157\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}