Fidelity Digital Dollar(FIDD)

Stablecoin Information

Fidelity Digital Dollar℠ (FIDD) is a stablecoin pegged 1:1 to the U.S. dollar and is issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments®. FIDD is backed by the stringent operational standards of Fidelity Digital Assets® and draws on the history, principles, and expertise of the traditional Fidelity Investments® business.

Category:fiat-backed

Minting and Redemption

FIDD can be bought and sold for $1 (in eligible jurisdictions) by institutional clients on the Fidelity Digital Assets platform, by retail customers through Fidelity Crypto®, and by advisors through Fidelity Crypto® for Wealth Managers.* It is also available on exchanges where FIDD is listed. Clients will not be able to transfer to addresses Fidelity Digital Assets has frozen/restricted on the blockchain, even if they hold FIDD off-platform.

Audits:Yes