Fidelity is testing a stablecoin and exploring blockchain technology, influenced by Trump policies.
From Yahoo Finance: 2025-03-26 12:36:00
Fidelity is testing a stablecoin but has no immediate plans to launch it. President Trump’s crypto-friendly policies may have influenced this decision. The company is also looking to digitize traditional assets using blockchain technology, filing for a blockchain-based U.S. dollar money market fund with the SEC.
Source: Fortune.com
Read more: Fidelity says it’s testing a stablecoin but has no immediate plans to launch it as a product