According to TechFlow TechFlow, on June 12, Fidelity, one of the world's largest asset management companies, is pushing forward with the on-chaining of stablecoins and has chosen Uniswap as its liquidity layer.
Previously, Fidelity Digital Assets launched the stablecoin FIDD. This stablecoin is issued on Ethereum and pegged 1:1 to the US dollar. It is available to both retail and institutional investors, who can purchase or redeem it through the Fidelity Digital Assets, Fidelity Crypto, and Wealth Manager platforms.
