Profile
FIDD profile facts
Fidelity Digital Dollar (FIDD) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
- Collateral
- Cash, U.S. Treasury securities, and cash equivalents held at The Bank of New York Mellon
- Peg mechanism
- Direct 1:1 redemption through Fidelity Digital Assets platforms
- Jurisdiction
- United States / OCC / National Trust Bank Charter
- Proof of reserves
- Independent Attestation by PricewaterhouseCoopers; August 2026 examination of outstanding FIDD tokens, redemption assets and reserve surplus at August 7 and August 31, with the authored reserve composition dated August 31 Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
FIDD quick answers
5
What is Fidelity Digital Dollar (FIDD)?
FIDD is Fidelity Digital Assets' dollar stablecoin, issued under an OCC national trust charter and backed by cash and short-term U.S. Treasuries at BNY Mellon. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption through Fidelity Digital Assets platforms.
Is FIDD safe?
As of Oct 24, 2026, Pharos grades FIDD A (84/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That grade is in the Score's upper band, which does not rule out losses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs FIDD?
Pharos records FIDD's reserves as of Aug 31, 2026 as 60.1% U.S. Treasury bills and 39.9% Cash in bank deposit accounts. Reserve evidence: Independent Attestation, latest period ending Aug 31, 2026. Pharos classifies the backing as Real-World Asset Backed.
Can FIDD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for FIDD, when applicable, appear in the live dossier on this page.
How do you redeem FIDD?
Under the route Pharos reviewed on Mar 23, 2026, customers the issuer has verified can redeem FIDD for a single stable asset, such as cash or a stablecoin. Settlement is same-day. The reviewed terms charge no percentage redemption fee. Whether a given holder qualifies is set by the route's own terms, not by this summary.
