Crypto 101
Fidelity Tests Stablecoin in Latest Wall Street Blockchain Push
Fidelity has been one of the earliest proponents of digital assets and blockchain on Wall Street.
Photographer: Graeme Sloan/BloombergThis article is for subscribers only.
Fidelity Investments is testing a stablecoin, as large financial firms continue to dive into one of crypto’s fastest growing sectors.
Fidelity’s stablecoin project is being carried out from its digital assets division, which offers execution and custody services to institutional investors for Bitcoin, Ether and Litecoin.