Daily Highlights: Tether's "Gold Central Bank" Ambition, Morgan Stanley's Entry into the Crypto Sector, Fidelity Launches Stablecoin on Ethereum, and More Exciting News
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According to CoinWorld, Tether CEO Paolo Ardoino announced that the company aims to become a major "gold central bank," holding nearly 140 tons of gold worth over $23 billion, and purchasing 1-2 tons of gold each week. Morgan Stanley has appointed Amy Oldenburg to lead its digital asset strategy, marking the company's increased commitment to cryptocurrency. Fidelity will launch its US dollar-backed stablecoin FIDD on Ethereum in the coming weeks. A former Revolut founder has raised $6 million for his on-chain financial application Bleap. A legislator in South Dakota has introduced a bill allowing the state to invest in bitcoin.
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