Fidelity Investments is testing a dollar-pegged stablecoin through its digital assets arm, aiming to facilitate cash transactions in cryptocurrency markets. This initiative aligns with the U.S. government's development of its first cryptocurrency regulatory framework.
CROFAM SOCIAL NETWORK
Fidelity Investments is considering launching its own stablecoin, reflecting growing mainstream investor interest in cryptocurrencies. The firm's digital asset arm is currently testing a stablecoin but has no immediate plans for its release.