What Fidelity Digital Dollar is designed to do
Fidelity Digital Dollar (FIDD) is a fiat-backed stablecoin, currently ranked 317th by market capitalization among the assets we track. Fidelity Digital Dollar is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.
How the peg is meant to hold
The mechanism is straightforward in theory — one token, one unit of reserve — but it depends entirely on the issuer actually holding and honoring those reserves. Attestation quality is therefore the core risk.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20) and Stablecoin.
Where Fidelity Digital Dollar sits in the market
Trading around $0.9985, Fidelity Digital Dollar carries a market capitalization of $62.51M. Around $242.08K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.39% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Fidelity Digital Dollar carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9985, FIDD sits essentially at its record high — the riskier end of the range for fresh entries.
What the price history shows
Recent moves read 7-day +0.04%, 30-day -0.05%. Within its 119-day range, FIDD sits around the middle (the 67th percentile of recent daily closes).
Volatility profile
Recent action puts Fidelity Digital Dollar in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals -0.05%, a useful input for stop placement and position sizing.
How to evaluate a stablecoin like Fidelity Digital Dollar
A grounded read on FIDD comes down to three questions:
- Reserve quality — what backs FIDD — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
