Fidelity enters the stablecoin race as Wall Street embraces digital assets 🤑🏦; HUGE: JPMorgan just achieved a massive quantum computing breakthrough 🤖🧠

FinTech is Eating the World, 27 March

Hey Everyone,

Good morning & happy Thursday! Today’s issue is super hot since we’re looking into Fidelity, which is entering the stablecoin race as Wall Street goes all in on digital assets (what it’s all about, why it matters, what’s next + bonus list of 110+ real-life stablecoin uses cases), and JPMorgan that just achieved a massive quantum computing breakthrough (holistic overview of their quantum leap, why it matters and what are the future implications for finance and beyond + bonus deep dive into JPMorgan, their latest financials, how their leapfrogged Monzo & Starling in the UK AND 360+ pages of AI must-reads). So let’s just jump straight into the game-changing stuff 🌶️

Fidelity enters the stablecoin race as Wall Street embraces digital assets 🤑🏦

The BIG News🔥 Fidelity Investments FNF 0.00%↑, the $5 trillion asset management giant, is actively testing its own stablecoin as part of a broader push into digital assets.

According to multiple reports, the Boston-based firm is in the advanced stages of developing a dollar-pegged cryptocurrency that would function as digital cash within cryptocurrency markets.

Let’s take a closer look at this, see why it matters, and what’s next.