Fidelity Investments, a 5T asset management giant, is reportedly preparing to launch its own stablecoin! This move signals Fidelity’s entry into tokenized U.S. Treasuries, with its digital assets division managing the project. 🚀💱 The stablecoin, expected to rival USDT and USDC, is in advanced testing stages. This comes just days after Fidelity filed to launch a digital U.S. money market fund, competing with Blackrock and Franklin Templeton. Cynthia Lo Bessette, Fidelity’s digital asset head, sees tokenization transforming finance, enabling assets to serve as collateral in trading. How will Fidelity’s stablecoin reshape the financial landscape? Share your thoughts!