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EconomyGoldman Sachs, Citi among banks reportedly pledging $270 million to stablecoin venture

Goldman Sachs and Citi are among banks said to have committed $270 million to Project Faro. The venture plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.

BanksStablecoinsProject Faro

CCoinDesk★★☆☆☆2026-11-10 17:32Original

Goldman Sachs, Citi among banks reportedly pledging $270 million to stablecoin venture
Goldman Sachs, Citi among banks reportedly pledging $270 million to stablecoin ventureEconomy