21 major global banks commit to launching joint USD stablecoin company

21 major global banks, including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, and MUFG, committed to launching a joint stablecoin company targeting a USD-denominated stablecoin to go live in H1 2027. The new company is expected to be established in the second half of 2026, subject to closing conditions.

Detected & updated continuously · Source: Nebula

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