{"id":"fidelity-digital-dollar","title":"Fidelity Digital Dollar","content":"**Fidelity Digital Dollar (FIDD)** is a U.S. dollar-pegged [stablecoin](https://iq.wiki/wiki/stablecoin) issued and backed by Fidelity Digital Assets, National Association (FDA, NA), a subsidiary of the financial services firm Fidelity Investments®. Launched in early February 2026, FIDD operates on the [Ethereum](https://iq.wiki/wiki/ethereum) [blockchain](https://iq.wiki/wiki/blockchain) and is designed to maintain a 1:1 value with the U.S. dollar. It is a fully collateralized [stablecoin](https://iq.wiki/wiki/stablecoin), meaning each FIDD token in circulation is backed by an equivalent amount of reserve assets. [\\[1\\]](#cite-id-25DyGH4TM94hpQTI) [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH)​\n\n## Overview\n\nThe Fidelity Digital Dollar (FIDD) was created to provide a stable digital asset for transactions and on-chain utility, combining the technological attributes of [blockchain](https://iq.wiki/wiki/blockchain) with the stability of the U.S. dollar. Its primary purpose is to mitigate the price volatility commonly associated with other cryptocurrencies, offering a reliable medium of exchange within the digital asset ecosystem. [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH) [\\[3\\]](#cite-id-2PkeIco7zUfIIIDW)​\n\nThe [stablecoin](https://iq.wiki/wiki/stablecoin) is issued by Fidelity Digital Assets, NA, which operates as a national trust bank under a charter granted by the Office of the Comptroller of the Currency (OCC) in 2025. This regulatory status places the issuer under federal oversight. FIDD's launch was announced following the passage of the \"[GENIUS Act](https://iq.wiki/wiki/genius-act),\" which was cited by the company as providing clearer regulatory guidelines for payment stablecoins in the United States. [\\[4\\]](#cite-id-us5hRc1zVRLXuMT6) [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH)​\n\nFIDD operates under what Fidelity describes as a \"full-service model,\" where various Fidelity businesses handle all core functions, including coin issuance, redemptions, and the management of reserve assets. This integrated approach is intended to provide a cohesive and centrally managed ecosystem for the stablecoin. The issuer, Fidelity Digital Assets, has a stated mission to provide institutional-grade security and expertise to the digital asset market, drawing on the long-standing principles of its parent company, Fidelity Investments. [\\[3\\]](#cite-id-2PkeIco7zUfIIIDW) [\\[5\\]](#cite-id-3OSg1E35AIKf73M5)​\n\n## History\n\nFidelity Investments' involvement in the digital asset space dates back to 2014, when the firm began its initial research and development. This work led to the formal establishment of the Fidelity Digital Assets® subsidiary in 2018, which began offering services to institutional investors in 2019. The company has since maintained a public presence through research and commentary on major digital assets like [Bitcoin](https://iq.wiki/wiki/bitcoin) and [Ethereum](https://iq.wiki/wiki/ethereum), positioning itself as an institutional participant in the industry. A significant step toward the creation of FIDD occurred in 2025, when Fidelity Digital Assets, NA was granted a national trust bank charter by the Office of the Comptroller of the Currency (OCC). [\\[4\\]](#cite-id-us5hRc1zVRLXuMT6) [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH) \n\nThe first press release announcing the planned launch of FIDD was published on January 28, 2026. The official launch and public announcement occurred on February 4, 2026, when the stablecoin was made available to eligible customers on Fidelity's platforms. FIDD began trading on public markets around February 5, 2026.  [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH)  [\\[5\\]](#cite-id-3OSg1E35AIKf73M5) \n\n## Tokenomics\n\nFIDD is issued as a token ERC-20 token on the [Ethereum](https://iq.wiki/wiki/ethereum) mainnet. [\\[1\\]](#cite-id-25DyGH4TM94hpQTI) [\\[2\\]](#cite-id-EmSdKSSfWDVDhvoH)`​`\n\nAs an [Ethereum](https://iq.wiki/wiki/ethereum)-based token, FIDD is interoperable with [Ethereum](https://iq.wiki/wiki/ethereum) wallets such as [MetaMask](https://iq.wiki/wiki/metamask) and [Trust Wallet](https://iq.wiki/wiki/trust-wallet) and can be transferred to any [Ethereum](https://iq.wiki/wiki/ethereum) mainnet address. However, the issuer, Fidelity Digital Assets, NA, retains the ability to freeze or restrict transfers to specific blockchain addresses, a common feature for centrally issued stablecoins designed to comply with legal and regulatory obligations. [\\[4\\]](#cite-id-us5hRc1zVRLXuMT6) [\\[1\\]](#cite-id-25DyGH4TM94hpQTI)​\n\n## Market Data and Adoption\n\nAs of February 12, 2026, shortly after its launch, FIDD had a total and circulating supply of 59,600,000 tokens, with a corresponding market capitalization of approximately 64 million, with the price holding close to its peg at $0.9998.  [\\[1\\]](#cite-id-25DyGH4TM94hpQTI)​\n\n### Availability\n\n​[**Centralized Exchanges (CEXs)**](https://iq.wiki/wiki/cex-centralized-exchange)**:**\n\n* [Kraken](https://iq.wiki/wiki/kraken)\n* [Bullish](https://iq.wiki/wiki/bullish)\n\n​[**Decentralized Exchanges (DEXs)**](https://iq.wiki/wiki/decentralized-exchange)**:**\n\n* [Uniswap v3](https://iq.wiki/wiki/uniswap)\n* [Curve](https://iq.wiki/wiki/curve-finance)\n\nPrimary trading pairs include FIDD/USD, [BTC](https://iq.wiki/wiki/bitcoin-btc)/FIDD, [ETH](https://iq.wiki/wiki/ethereum)/FIDD, FIDD/[USDT](https://iq.wiki/wiki/tether), and FIDD/[USDC](https://iq.wiki/wiki/usdc). [\\[1\\]](#cite-id-25DyGH4TM94hpQTI) [\\[4\\]](#cite-id-us5hRc1zVRLXuMT6) ","summary":"FIDD is a US dollar-pegged stablecoin issued by Fidelity Digital Assets, NA, a subsidiary of Fidelity Investments®. It operates on the Ethereum blockchain and is fully collateralized by reserves of cash, U.S. Treasurys, and other liquid assets.","images":[{"id":"QmNxNQPaxVmZmsiC6g2GbwKmNNxJqYupyxp6J7UjyfNvM4","type":"image/jpeg, image/png"}],"categories":[{"id":"cryptocurrencies","title":"cryptocurrencies"}],"tags":[{"id":"Stablecoins"},{"id":"Ethereum"},{"id":"Organizations"}],"media":[],"metadata":[{"id":"references","value":"[{\"id\":\"25DyGH4TM94hpQTI\",\"description\":\"CoinMarketCap: Fidelity Digital Dollar (FIDD)\",\"timestamp\":1770896956236,\"url\":\"https://coinmarketcap.com/currencies/fidelity-digital-dollar/\"},{\"id\":\"EmSdKSSfWDVDhvoH\",\"description\":\"Fidelity Digital Assets - Fidelity Investments® Expands Digital Asset Investment Lineup with Stablecoin Launch: Fidelity Digital Dollar (FIDD)\",\"timestamp\":1770896984141,\"url\":\"https://www.fidelitydigitalassets.com/research-and-insights/fidelity-investmentsr-expands-digital-asset-investment-lineup-stablecoin\"},{\"id\":\"2PkeIco7zUfIIIDW\",\"description\":\"Fidelity Learning Center - What is the Fidelity Digital Dollar (FIDD)?\",\"timestamp\":1770897005825,\"url\":\"https://www.fidelity.com/learning-center/trading-investing/FIDD-stablecoin\"},{\"id\":\"us5hRc1zVRLXuMT6\",\"description\":\"Fidelity Digital Dollar - Introducing Fidelity Digital DollarSM (FIDD)\",\"timestamp\":1770897037425,\"url\":\"https://www.fidelitydigitalassets.com/stablecoin\"},{\"id\":\"3OSg1E35AIKf73M5\",\"description\":\"Fidelity Digital Assets X Profile\",\"timestamp\":1770897074874,\"url\":\"https://x.com/DigitalAssets\"},{\"id\":\"1VCqWh4aIV7ozgH8\",\"description\":\"Fidelity Digital Assets Official YouTube Channel\",\"timestamp\":1770897085474,\"url\":\"https://www.youtube.com/@fidelitydigitalassets\"}]"},{"id":"website","value":"https://www.fidelitydigitalassets.com/"},{"id":"twitter_profile","value":"https://twitter.com/DigitalAssets"},{"id":"youtube_profile","value":"https://www.youtube.com/@fidelitydigitalassets"},{"id":"github_profile","value":"https://github.com/fidelity/mintable-token-ethereum-contract"},{"id":"contract_url","value":"https://etherscan.io/token/0x7c135549504245b5eae64fc0e99fa5ebabb8e35d"},{"id":"coinmarketcap_url","value":"https://coinmarketcap.com/currencies/fidelity-digital-dollar/"},{"id":"coingecko_profile","value":"https://www.coingecko.com/en/coins/fidelity-digital-dollar"},{"id":"nansen","value":"https://app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0x7C135549504245B5eAe64fc0E99Fa5ebabb8e35D"},{"id":"commit-message","value":"\"Added Fidelity Digital Dollar (FIDD) page\""}],"events":[{"id":"064cf993-57c3-4ea4-8155-b4ed60f5e744","date":"2026-02","title":"Fidelity Digital Dollar (FIDD) Launched","type":"CREATED","description":"Fidelity Digital Assets, NA officially announced the launch of FIDD, a stablecoin pegged 1:1 to the U.S. dollar, making it available to eligible customers.","link":"https://www.fidelitydigitalassets.com/research-and-insights/fidelity-investmentsr-expands-digital-asset-investment-lineup-stablecoin","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"06f1f320-8b43-43a6-8769-36c66c5bcf04","date":"2014-01","title":"Fidelity Investments Enters Digital Assets","type":"DEFAULT","description":"Fidelity Investments® began its initial research and development within the digital assets space, marking its first active participation in the ecosystem.","link":"https://www.fidelity.com/learning-center/trading-investing/FIDD-stablecoin","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"87f825f8-edc5-4965-a095-2e7481975616","date":"2018-01","title":"Fidelity Digital Assets Subsidiary Established","type":"DEFAULT","description":"The Fidelity Digital Assets® subsidiary was formally established to build out the company's services for the digital asset market.","link":"https://www.fidelitydigitalassets.com/research-and-insights/fidelity-investmentsr-expands-digital-asset-investment-lineup-stablecoin","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"3b004a51-f2ad-48b9-9594-618ccea53863","date":"2025-01","title":"FDA, NA Granted National Trust Bank Charter","type":"DEFAULT","description":"Fidelity Digital Assets, National Association (FDA, NA) was granted a national trust bank charter by the Office of the Comptroller of the Currency (OCC).","link":"https://www.fidelitydigitalassets.com/stablecoin","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null},{"id":"9769dd12-f690-4c8c-8325-2f94fbb4c9b0","date":"2026-02","title":"FIDD Begins Trading on Public Markets","type":"DEFAULT","description":"The Fidelity Digital Dollar (FIDD) token began trading on public markets, with the all-time low price being recorded on this day.","link":"https://coinmarketcap.com/currencies/fidelity-digital-dollar/","multiDateStart":null,"multiDateEnd":null,"continent":null,"country":null}],"user":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"author":{"id":"0x8af7a19a26d8fbc48defb35aefb15ec8c407f889"},"operator":{"id":"0x4a2bC97afBF41a2Cbf4b4628F63420682Ff4CF2a"},"language":"en","version":1,"linkedWikis":{"blockchains":["ethereum"],"founders":[],"speakers":[]}}