Fidelity Digital Dollar

Fidelity Digital Dollar, ticker FIDD, is a stablecoin issued by Fidelity Digital Assets, National Association, a subsidiary of Fidelity Investments, and is designed to maintain a value of exactly one U.S. dollar at all times. It is intended for users who want to transact, store, or move dollar-denominated value in digital form without exposure to the price swings typical of other digital assets. The product draws on Fidelity's operational standards and institutional background to offer a dollar substitute within digital-asset systems.

FIDD lives on the Ethereum blockchain, placing it within the Ethereum ecosystem where it can interact with wallets, exchanges, and other protocols that support that network. Each token is backed one-to-one by U.S. dollar reserves held and managed by the issuer, so the mechanism of stability is reserve-backing rather than algorithmic adjustment. The data records a block time of zero minutes, which reflects that FIDD itself does not operate its own blockchain or consensus process but instead settles on Ethereum's infrastructure.

The data provided contains no fee stream, revenue figures, or protocol income associated with FIDD. This means that fee-based measures commonly tracked on this site, such as protocol revenue or fee yield, are not applicable here and would show nothing if calculated. The circulating stablecoin supply stands at 49,277,438.67 units at this point in time, and supply grew by 0.834741 percent over the last 30 days, which are the closest available proxies for the scale and pace of the product's usage.