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Deep Tide TechFlow News, June 12 — According to official sources, one of the world's largest asset management firms, Fidelity, is advancing the onboarding of stablecoins onto the blockchain and has chosen Uniswap as its liquidity layer.
Earlier reports indicate that Fidelity Digital Assets has launched the stablecoin FIDD. This stablecoin is issued on Ethereum, pegged 1:1 to the US dollar, and available for retail and institutional investors. Investors can purchase or redeem it through Fidelity Digital Assets, Fidelity Crypto, and Wealth Manager platforms.