Assets · Stablecoin · issued by Fidelity Digital Assets
Fidelity Digital Dollar (FIDD)New
US dollar stablecoin issued on Ethereum by Fidelity Digital Assets, National Association, redeemable at $1 through Fidelity platforms; reserves of cash and short-term Treasuries are managed by Fidelity Management & Research and held at BNY.
- Value per token
- $1
Issued through Fidelity Digital Dollar (FIDD) Live (limited)
Classification · medium confidence
- Legal form
- Stablecoin from economic tests
- Underlying
- Government debt · Government debt, Money
- Value behaviour
- Stable value · no income
- Ledger role
- Native
Primary by the cash residual exception (decision 2026-10-21-classification-8): the FIDD terms (updated 13 Apr 2026) limit reserves to US Treasuries bought within three months of maturity, overnight fully collateralised reverse repo, shares of Fidelity Investments Money Market Government Portfolio, and deposits at US banks, held in segregated accounts. Missing: weights; the monthly PwC-examined reserve reports are password-protected PDFs.
Sourced[3]. How assets are classified: methodology.
Contracts
No contract addresses recorded yet.
Sources
- [1]Fidelity Investments® Expands Digital Asset Investment Lineup with Stablecoin Launch: Fidelity Digital Dollar™ (FIDD) — Fidelity Investments, 28 Jan 2026. Accessed 15 Oct 2026.B
- [2]Stablecoin — Fidelity Digital Assets. Accessed 15 Oct 2026.B
- [3]Fidelity Digital Dollar terms and conditions (updated 13 April 2026) — Fidelity Digital Assets, 13 Apr 2026. Accessed 26 Oct 2026. Section 3, 'What Are the FIDD Reserves?'.B