Fidelity Investments to Launch Stablecoin for Tokenized U.S. Treasuries
- Fidelity Investments is planning to launch its own stablecoin.
- The firm is based in Boston.
- Fidelity manages assets totaling $5 trillion.
- This move marks Fidelity’s entry into tokenized U.S. Treasuries.
Fidelity Investments, a major asset management firm with $5 trillion under management, plans to introduce its own stablecoin, signaling its entry into the market for tokenized U.S. Treasuries.
Source (2.6)https://news.bitcoin.com/fidelity-investments-to-launch-own-stablecoin-entering-tokenized-us-treasuries-market/?rand=52384