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Fidelity Investments is about to introduce a stable coin bound to the US dollar-a further step in expansion into digital assets.
Fidelity Investments plans to introduce a stable US dollar-coupled stable coin Fidelity Investments, according to the shortness of introducing a stable coin that is bound to the US dollar. This initiative is another step in the company's expansion in the area of digital assets. Stable coins are digital currencies whose value is linked to traditional Fiat currencies or other assets to minimize price fluctuations. By developing a US dollar-coupled stable coins, Fidelity relies on increasing acceptance and use of cryptocurrencies in the financial sector. The introduction of its own stable coin could enable Fidelity to offer its customers extended services in the field of digital financial management and create additional liquidity. In particular …
Fidelity Investments is about to introduce a stable coin bound to the US dollar-a further step in expansion into digital assets.
fidelity Investments plans to introduce a stable US dollar-coupled stable coins
fidelity Investments is reported to introduce a stable coin that is bound to the US dollar. This initiative is another step in the company's expansion in the area of digital assets.
stablecoins are digital currencies whose value is linked to traditional Fiat currencies or other assets to minimize price fluctuations. By developing a US dollar-coupled stable coins, Fidelity relies on increasing acceptance and use of cryptocurrencies in the financial sector.
The introduction of its own stable coin could enable Fidelity to offer its customers extended services in the field of digital financial management and create additional liquidity. Especially in a market that is characterized by volatility, a stable coin could strengthen the trust of investors and act as a bridge between traditional financial systems and the digital currency world.