Fidelity seeks approval for a U.S. dollar-backed stablecoin as part of its broader blockchain strategy, following recent ...

Fidelity Investments, a prominent asset management firm overseeing over $5 trillion in assets, is reportedly in the advanced ...

The stablecoin development is reportedly part of the asset manager’s wider push into crypto-based services. Fidelity is also launching an Ethereum-based “OnChain” share class for its US ...

The U.S. House Financial Services Committee approved the STABLE Act, a bill aimed at establishing a framework for stablecoins ...

The stablecoin development comes after two announcements from Fidelity on March 25. The firm first bought $60 million in Bitcoin through its FBTC ETF. Arkham Intelligence, a blockchain analytics ...

On the same day as Fidelity's development, Trump-affiliated crypto venture World Liberty Financial also confirmed plans to release its own stablecoin, USD1. That coin will be backed entirely by ...

2025 has been a jam-packed year for crypto already , and is increasingly looking like the year of the stablecoin.

The development of Fidelity’s stablecoin comes at a time when the US government is moving towards creating a structured approach to cryptocurrency regulation. This impending regulatory framework ...

Brazil's Itaú Unibanco is exploring a stablecoin launch for its 55 million customers, carefully studying regulations to guide ...