4 sourcesTracking since 1 Sept, 16:39
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
Chronological coverage
First seen1 Sept, 16:39BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.
Cointelegraph•Cointelegraph by Sam Bourgi
Follow-up2 Sept, 11:20Goldman Sachs, Bank of America and Citi Among 21 Firms Planning U.S. Dollar Stablecoin Launch in 2027
A group of 21 major financial institutions, including Goldman Sachs, Bank of America, Citi and Deutsche Bank, plans to establish a new company to issue a U.S. dollar-denominated stablecoin in the first half of 2027. According to the announcement from the institutions on September 1, they intend to form a
TheNewsCrypto•Sarala
Follow-up2 Sept, 15:07Goldman Sachs, BofA, and 19 other banks plan to launch a dollar stablecoin in 2027
The launch of a bank-backed stablecoin could reshape financial markets, challenging existing players and enhancing cross-border transactions.
CryptoBriefing•Editorial Team
Latest2 Sept, 20:01Goldman Sachs, BofA Among 21 Banks Planning Joint Dollar Stablecoin Launch
The bank-led consortium wants a U.S. dollar token live by the first half of 2027, with a euro version queued up next.
Decrypt•Jose Antonio Lanz