Signal
A consortium of 21 banks, including Bank of America, Citigroup, and Goldman Sachs, plans to establish a company and launch its stablecoin venture in H1 2027
First reported by WSJ ·
The signal
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Compiled by AI from WSJ and Techmeme
What happened
Twenty-one firms, including several megabanks, plan to establish a company that would help guard against competition from digital assets
AI-written summary. May contain errors.
Crypto