Sep 16, 2026
A consortium of 21 financial institutions including Goldman Sachs, Bank of America, Citi, Deutsche Bank, Fidelity, and WisdomTree plans to create a company in 2026 to issue a dollar-pegged cryptocurrency in the first half of 2027. The group has more than doubled in size since October, though the token has no name or chosen blockchain yet.
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.
The ECB selected 36 payment service providers from across the euro area for a 12-month digital euro pilot scheduled to begin in the second half of 2027. The selection includes major banks like Deutsche Bank and fintech firms like Revolut as the central bank moves from planning into testing.