🏦 Wall Street is coming for the stablecoin market. 21 major financial institutions — including Goldman Sachs, Bank of America, Citi and Wells Fargo — are joining forces to launch a USD-backed stablecoin in H1 2027. And the plan doesn’t stop with the dollar. 🇪🇺 A euro-denominated stablecoin is already the priority for the next expansion. My take: this is bigger than another stablecoin launch. Traditional finance is starting to build its own digital money infrastructure. Will bank-backed stablecoins become the next major competitor to USDT and USDC?
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