Fidelity Investments announced this morning its plan to launch a U.S. dollar-pegged FIDD. FIDD is based on the E and will be available in the coming weeks.

Tether launched a new GENIUS ACT compliant USAt on E yesterday. It will be available to retail and institutional investors in the coming weeks. USAt is set to complement the existing Tether ecosystem rather than replacing USDT.

Other Top on E are:

Tether (USDT)

USD Coin (USDC)

Dai (DAI)

Ethena (USDe)

USD1

The large amount of E being staked and the increasing demand for E are shifting the supply and demand curve skewed to demand outpacing supply. E and its Treasurers should see the impact very soon.

submitted by /u/Progress_8 [link] [comments]r/CryptoCurrencyRead More

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