<ul><li>Fidelity Investments is testing its own U.S. dollar-pegged stablecoin, positioning itself as a competitor to Tether, Circle, and Ripple.</li><li>The stablecoin will be managed through Fidelity's digital assets division and will serve as a cash equivalent within cryptocurrency markets.</li><li>Fidelity's move reflects the trend of traditional financial institutions embracing digital assets and tokenization.</li><li>The stablecoin market is projected to reach $2.8 trillion in the next five years, with USDT and USDC dominating the market.</li></ul>

Fidelity Enters the Stablecoin Arena—Can It Take on USDT & RLUSD?

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