Fidelity Investments is deploying stablecoin liquidity pools on Uniswap V3, using its Fidelity Digital Dollar (FIDD) token as the centerpiece.

FIDD, an ERC-20 stablecoin pegged 1:1 to the US dollar and issued by Fidelity Digital Assets, launched on February 4, 2026. It has since accumulated a circulating supply of roughly 62.6 million tokens and a market cap of approximately $62.6 million. The token trades near its $1.00 peg with only minor deviations.

What the Uniswap integration actually looks like

The FIDD pools live on Uniswap V3, the concentrated liquidity version of the protocol that lets liquidity providers allocate capital within specific price ranges. Active pools include FIDD/USDC and FIDD/USDT pairs, with 24-hour trading volumes reaching into the hundreds of thousands of dollars.

Fidelity first announced FIDD on January 28, 2026, roughly a week before the token went live.