<ul><li>Fidelity Investments is close to launching its own US dollar-pegged stablecoin, as per a report by the Financial Times.</li><li>The stablecoin is being tested by Fidelity Digital Assets and is expected to debut by the end of May.</li><li>Fidelity has also filed with the SEC to launch an Ethereum-based share class for its Treasury Digital Fund.</li><li>This move reflects a broader trend of institutional adoption of blockchain-based financial products and the growing interest in stablecoin issuance.</li></ul>

Fidelity’s US Dollar-Pegged Stablecoin Set for May Launch: Report

Discover more