Fidelity says it is “actively testing” a stablecoin, but has no plans to launch the product at this time, a company spokesperson told Fortune on Wednesday. The traditional investment company’s experimentation with a stablecoin—a type of cryptocurrency designed to fluctuate in line with fiat-currencies like the U.

Fidelity seeks approval for a U.S. dollar-backed stablecoin as part of its broader blockchain strategy, following recent Bitcoin purchases and a Solana ETF filing—yet its stock shows minimal reaction.

U.S. asset manager Fidelity Investments is exploring whether to launch its own stablecoin, in the latest sign of mainstream investors looking to cash in on a revival of interest in cryptocurrencies.