Fidelity Prepares to Compete with USDT and USDC with Its Own Stablecoin

Fidelity Investments, one of the world’s largest asset management firms with $5 trillion in assets, is preparing to deepen its involvement in the crypto market by launching its own stablecoin. This move comes as the US government, under President Donald Trump, accelerates regulatory reforms in the crypto industry. These changes are creating favorable conditions for traditional financial institutions to enter the space. What Is Fidelity’s Ambition Behind Its Stablecoin Plan? According to the Financial Times, Fidelity has already reached an advanced testing phase for its stablecoin source: https://beincrypto.com/fidelity-plans-to-launch-a-stablecoin/