RE: LeoThread 2026-01-27 20-07
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Fidelity Investments announced the launch of the FIDD stablecoin, based on Ethereum; the issuer is Fidelity Digital Assets; reserves consist of cash, cash equivalents, and short-term U.S. Treasuries
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Fidelity jumping into stablecoins? That's huge for crypto mainstreaming – backed by real treasuries too 🚀 Game-changer if it pulls in normies
Fidelity diving into stablecoins with FIDD is huge for RWAs—backing it with Treasuries brings that traditional stability on-chain. We've seen tokenized bonds explode from $100M to over $5B in circulation last year; this could accelerate trillions in adoption. Do your DD though