<ul><li>Fidelity Investments is reportedly in the final stages of testing its own stablecoin, as part of growing trend among traditional financial institutions exploring tokenized assets and stablecoins.</li><li>The move aligns with the growing trend of tokenized U.S. Treasuries, which have surpassed $5 billion in value.</li><li>Fidelity's stablecoin initiative reflects its long-term interest in blockchain technology and the potential to bridge blockchain finance with traditional markets.</li><li>The U.S. government is preparing to introduce new regulations for stablecoins, with Fidelity's move coming at a time when regulatory clarity is sought.</li></ul>

Fidelity Enters Stablecoin Race Amid Growing Tokenization Trend

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