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60CRYPTO

Consortium of 21 major banks including Goldman Sachs and BofA plans to launch a joint US dollar stablecoin

⚡ Markets: Represents a significant move by traditional finance into the stablecoin space, potentially creating a major competitor to existing stablecoins like USDT and USDC and accelerating blockchain integration into the mainstream financial system.USDTUSDCBTCETH

A group of 21 major financial institutions, including Goldman Sachs and Bank of America, is collaborating to launch a bank-led US dollar stablecoin, with a target launch in the first half of 2027. The initiative aims to create a regulated, bank-minted digital dollar for use in wholesale and retail payments.

West MSM: noneFinancial press 11 country
1 sources across the spectrum
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