{"id":69745,"date":"2026-01-28T18:31:43","date_gmt":"2026-01-28T18:31:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=69745"},"modified":"2026-01-28T18:31:43","modified_gmt":"2026-01-28T18:31:43","slug":"fidelity-launches-fidd-stablecoin-to-challenge-circles-usdc-tethers-usdt","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=69745","title":{"rendered":"Fidelity Launches FIDD Stablecoin To Challenge Circle’s USDC, Tether’s USDT"},"content":{"rendered":"
\n

Fidelity Investments is launching the Fidelity Digital Dollar (FIDD) stablecoin in early February to compete in the $308 billion stablecoin market dominated by Circle\u2019s <\/strong>(NYSE:<\/a>CRCL<\/a>) USDC<\/strong> (CRYPTO: <\/a>USDC<\/a>) and Tether\u2019s USDT<\/strong> (CRYPTO: <\/a>USDT<\/a>).<\/p>\n

FIDD: How It Works<\/h3>\n

The stablecoin will be issued<\/a> by Fidelity Digital Assets, a federally chartered national trust bank that received approval from the Office of the Comptroller of the Currency in December.<\/p>\n

FIDD is pegged 1-to-1 to the U.S. dollar and backed by cash and short-term U.S. Treasuries.<\/p>\n

For every FIDD token in circulation, Fidelity holds $1 in reserves\u2014just like how Circle and Tether back their stablecoins.<\/p>\n

The reserves comply with the GENIUS Act, the federal law passed in July that set clear rules for how stablecoin companies must hold and …<\/p>\n

Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fidelity Investments is launching the Fidelity Digital Dollar (FIDD) stablecoin in early February to compete in the $308 billion stablecoin market dominated by Circle\u2019s (NYSE:CRCL) USDC (CRYPTO: USDC) and Tether\u2019s USDT (CRYPTO: USDT). FIDD: How It Works The stablecoin will be issued by Fidelity Digital Assets, a federally chartered national trust bank that received approval […]<\/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-69745","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\/69745","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=69745"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/69745\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=69745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=69745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=69745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}