BUSINESSCOINDESK
Fidelity joins Wall Street's race to manage stablecoin reserves
Fidelity has joined Wall Street's competition to manage stablecoin reserves. This move reflects growing interest in stablecoin asset management among major financial institutions.
Related Signal
Adjacent reporting
- Morgan Stanley is positioning itself as the reserve manager for the stablecoin industry
- Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
- Morgan Stanley launches stablecoin reserves fund aligned with GENIUS Act requirements
- Coinbase investing into stablecoin reserves ETF issued by ProShares
- New York’s Crypto Watchdog Teams With EU to Police Stablecoins