The post Fidelity Chooses Ethereum for Its First Stablecoin appeared first on Coinpedia Fintech News
Ethereum has been selected by Fidelity as the blockchain for its first stablecoin, Fidelity Digital Dollar (FIDD). Issued by Fidelity Digital Assets, an OCC-chartered national trust bank, the stablecoin marks the firm’s expansion into on-chain financial services. Fidelity serves more than 50 million investors, oversees $17.9 trillion in assets under administration, and processes 5.5 million …
The U.S. Securities and Exchange Commission (SEC) agreed to pay $150,000 to settle a federal Freedom of Information Act (FOIA) lawsuit over its investigations into Ethereum, according to a joint status report filed July 22. […]
Ethereum may still be the second-largest crypto network in the industry, but according to Dragonfly Capital Managing Partner Haseeb Qureshi, the ecosystem is facing an identity crisis. Speaking on the Milk Road podcast, Qureshi compared […]
Tom Lee, Chairman of Bitmine Immersion Technologies (the world’s largest corporate holder of Ethereum), is strongly pushing an “ETH 2.0 thesis.” In it, he says Ethereum (ETH) is at an inflection point similar to Amazon […]
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