Fidelity Digital Dollar
FIDD
$0.999406
Current Price
+0.00%
24h Change
Info
FIDD
Symbol
$49.56M
Fully Diluted Valuation
$49.56M
Market Cap
67
Market Rank
49.58M
Total Supply
$3.90M
Total Volume
$1.001
24h High
$0.998635
24h Low
About Fidelity Digital Dollar
The Fidelity Digital Dollar (FIDD) is a stablecoin precisely pegged to the U.S. dollar, issued by Fidelity Digital Assets, a branch of the renowned Fidelity Investments. Designed to offer stability in the volatile crypto market, FIDD leverages the robust operational standards and extensive expertise of Fidelity Digital Assets. This stablecoin addresses the need for a reliable digital asset that maintains consistent value, facilitating seamless transactions and financial operations without the risks associated with traditional cryptocurrencies. Technologically, FIDD benefits from the secure and efficient infrastructure developed by Fidelity, ensuring high levels of trust and reliability. It integrates smoothly into the decentralized finance (DeFi) ecosystem, enabling users to engage in various financial activities like lending, borrowing, and trading with confidence. FIDD is backed by Fidelity's longstanding reputation in financial services, positioning it as a stable and credible option in the digital asset market. Its growing adoption is bolstered by strategic partnerships and a commitment to compliance and transparency, making it a compelling choice for both investors and developers seeking stability and integration in the evolving crypto landscape.
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FAQ
Information on this page is provided for informational purposes only and does not constitute investment advice. This is not a recommendation to buy or sell any digital asset or to employ any particular investment strategy. Backpack makes no representation as to the accuracy, suitability, or validity of the information provided.
Certain content is sourced from third parties not affiliated with Backpack. Backpack is not responsible for such content, nor is it liable for any errors, delays, or actions taken in reliance on it. Prices and data are for illustrative purposes only and may differ from actual market values. Digital assets involve significant risk and can fluctuate substantially. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition, and consult your own professional advisors for legal, tax, or investment guidance.
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