Constancy Investments will develop its digital asset choices with plans to launch its personal U.S. dollar-pegged stablecoin, the Constancy Digital Greenback (FIDD), the agency stated in a press launch.
The brand new token can be obtainable to retail and institutional buyers “within the coming weeks” and run on the Ethereum blockchain.
The stablecoin can be issued via Constancy Digital Property, the agency’s crypto-focused subsidiary.
“As a number one asset supervisor and a digital property pioneer, Constancy is uniquely positioned to supply buyers with on-chain utility through a digital greenback,” stated Mike O’Reilly, President of Constancy Digital Property.
Editor’s observe: This can be a growing story and can be up to date.
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