Fidelity Digital Dollar Launch on Ethereum Threatens $500 Billion in Bank Deposits
New York, March 2025: The launch of the Fidelity Digital Dollar (FIDD), a fully regulated stablecoin on the Ethereum blockchain, represents more than just another crypto asset. According to analysis from Standard Chartered, this move by the financial services giant could catalyze a monumental shift, potentially diverting up to $500 billion from traditional bank deposits […]
