Fidelity says he “actively tests” Stablecoin but has no plans to start products at the moment, said a company spokesman Wealth on Wednesday.
Experimenting a traditional investment company with a stabil Crypto currency intended fluctuation in accordance with currencies like US dollar-Donald Trump in a time of cryptic-accepting policies in Washington, marking a major break with a previous administration. Trump particularly pushed Congress to pass stabiblecoin bitcoin, toward him website. It was also one of the first property managers allowed to list his fund that suffered Bitcoin (ETF) on the stock market, which he started early last year.
The company has also joined the growing choir for financial services that want to digitize traditional assets such as shares and bonds using blockchain technology. Earlier this week, the company filed for registration of the Digital version of the US dollar based on Blockchain money market Foundation of the mutual fund that invests in low risky, short-term debt securities-S Commission for Securities and Exchange (SEC).
This story is originally shown on Fortune.com
