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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 (Gina Heeb/Wall Street Journal)

Sep 1 · · primary fetch1 sourceupdated Sep 1 ·

Gina Heeb / Wall Street Journal: 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 — Twenty-one firms, including several megabanks, plan to establish a company that would help guard against competition from digital assets

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  1. wsj.comA 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 (Gina Heeb/Wall Street Journal)primary