🚨HUGE: 21 of the world's LARGEST banks are teaming up to launch their OWN stablecoin. Bank of America, Citi, Goldman Sachs, Deutsche Bank, UBS, Wells Fargo, Fidelity and 14 others will form a new company to issue a dollar-backed stablecoin, with a launch targeted for the first half of 2027. This is the SECOND major stablecoin consortium this year. The first, Open USD, claimed 140+ partners including Visa and BlackRock but lost credibility when multiple "founding members" denied they had agreed to join.
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