Goldman Sachs, Citi Back $270M Stablecoin Project Targeting 2027 Launch

A group of major global banks has committed $270 million to develop a new stablecoin venture targeting the growing digital payments market. Goldman Sachs, Citigroup, Banco Santander, and Deutsche Bank are among the institutions backing the initiative.  Bloomberg reported that the funding will support five years of operations for the planned US-based issuer. The project, […] Read The Full Article Goldman Sachs, Citi Back $270M Stablecoin Project…