21 global banks commit to forming a joint stablecoin company According to CoinDesk, 21 major global banks—including Bank of America, Citigroup, Goldman Sachs, Deutsche Bank, and UBS—have pledged to establish a joint stablecoin company. The company plans to launch a USD-denominated stablecoin, targeting a formal launch in the first half of 2027. The full list of participating institutions and the stablecoin’s operational network have not yet been disclosed. https://t.co/gYyR7O6y9P
ChainCatcherShare
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.