FIDD Fidelity Digital Dollar Rank #446

FIDD is a dollar-pegged stablecoin issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments. Each token is designed to maintain a one-to-one value with the U.S. dollar, providing a digital representation of fiat currency on a blockchain. Fidelity Digital Assets brings established operational and compliance practices drawn from Fidelity Investments' long history in traditional financial services to the token's structure and management. By issuing FIDD, the company extends its institutional presence into the digital asset space, offering a token that benefits from the same governance principles that underpin its broader business. FIDD operates within the Ethereum ecosystem, where it is available as an ERC-20 token. As a USD stablecoin, its primary use case is to serve as a reliable on-chain dollar reference for transactions, settlements, and other digital asset activity, bridging conventional finance with blockchain-based applications.