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Business · 1 hour ago

21 banks plan dollar stablecoin for early 2027

21 banks plan dollar stablecoin for early 2027

Twenty-one financial institutions, which include Goldman Sachs and Bank of America, intend to establish a company this year. Their objective is to release a dollar-pegged cryptocurrency during the first six months of 2027. The group also wants to expand into stablecoins linked to other G7 currencies, with the euro as a priority.

Reported by livemint.com · How we write briefs

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