Fidelity’s planned launch is part of its expansion into the nascent market for tokenised versions of US Treasuries, having been involved in digital assets for more than a decade. Late last week it filed to launch a digital version of a US money market fund at the end of May, in direct competition with traditional asset manager rivals BlackRock and Franklin Templeton.
| less than a minute read
Fidelity plans to launch stablecoin in digital assets push
In a separate move on Tuesday, World Liberty Financial, the crypto project promoted by Trump and his sons, said it planned to launch its own stablecoin. The coin’s reserves will...
