[DigitalToday reporter Chi-gyu Hwang (황치규)] Fidelity, which manages $6 trillion in assets, will issue the Fidelity Digital Dollar (Fidelity Digital Dollar, FIDD) in February and make a full-scale entry into the stablecoin market, Cointelegraph reported on Jan. 28, citing Bloomberg.

Cointelegraph said the move is a strategic step to extend the existing financial system using a blockchain-based approach.

Mike O'Reilly (마이크 오라일리), president of Fidelity Digital Assets, said, "Stablecoins will become the core of real-time payment and settlement services." He said, "The benefits of 24-hour availability and real-time settlement will accelerate innovation in financial infrastructure." FIDD is designed based on the U.S. federal GENIUS Act and supports regulations such as reserve holdings, issuer supervision and consumer protection.

In the U.S. financial sector, JPMorgan, Citigroup and Bank of America, in addition to Fidelity, are showing interest in stablecoins.

Citigroup CEO Jane Fraser (제인 프레이저) said it is reviewing issuing a "Citi stablecoin," and Tether introduced a dollar-based stablecoin that complies with U.S. federal regulation through Anchorage Digital.