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About Fidelity Digital Dollar
FIDD is a stablecoin pegged 1:1 to the U.S. dollar, issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments. Built on the Ethereum blockchain, the asset is designed to be redeemable for $1 on Fidelity's crypto trading platforms and is backed by the operational standards and institutional expertise of Fidelity Investments. It serves as a bridge between traditional finance and the digital asset ecosystem, providing a stable medium of exchange and store of value.
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