Citi, Goldman, other global banks and asset managers team up on stablecoin venture

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Goldman Sachs, Citi and 19 other banks plan joint dollar stablecoin for 2027

Twenty-one major financial institutions including Goldman Sachs, Bank of America, Citi and Deutsche Bank announced plans to form a company this year to issue a dollar-backed stablecoin, with a market launch targeted for 2027.

Sep 1, 20263 sourcesStablecoins Stablecoin regulation Payments Institutional crypto adoption

Goldman Sachs, Citi and 19 other banks plan joint dollar stablecoin for 2027

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Reuters

Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027 | Reuters

Cryptopolitan

21 banks including Goldman Sachs and Citi plan joint USD stablecoin for 2027 - Cryptopolitan

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