Fidelity, a $6 trillion asset management giant, is preparing to launch its own crypto stablecoin. The move marks Fidelity’s entry into the growing cryptocurrency space, where digital assets like stablecoins are gaining popularity. By introducing this stablecoin, Fidelity aims to offer a more stable and secure option for investors looking to participate in the crypto market. The launch could further integrate traditional finance with the evolving world of digital currencies.
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