Fidelity to Launch GENIUS-Compliant Stablecoin FIDD on Ethereum

Odaily News According to Bloomberg, Fidelity is set to launch the GENIUS-compliant stablecoin FIDD on Ethereum. The Fidelity Digital Dollar (FIDD) will be issued by the Fidelity Digital Assets, National Association. This association is a national trust bank that received conditional operating approval from the U.S. Office of the Comptroller of the Currency in December last year.