What is Fidelity Digital Dollar?
Symbol: FIDD · Market cap rank: #472
Short answer
Fidelity Digital Dollar (FIDD) is a cryptocurrency currently ranked #472 by market capitalisation. It is classified as Stablecoin.
Source: isthiscoinascam.com
Overview
Fidelity Digital Dollar (FIDD) is a stablecoin designed to maintain a 1:1 peg with the U.S. dollar. It is issued by Fidelity Digital Assets, a subsidiary of Fidelity Investments.
FIDD is supported by the operational standards established by Fidelity Digital Assets, drawing on the long-standing principles and expertise associated with Fidelity Investments. The primary function of FIDD is to provide a stable digital currency option within the digital asset ecosystem.
Headquarters: Boston, MA, USA
Scam-risk analysis
Fidelity Digital Dollar has a moderate score — some risk signals were raised but no critical concerns. Is Fidelity Digital Dollar a scam?
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