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Goldman Sachs, BofA Lead 21 Banks in Joint Dollar Stablecoin Launch

Source: Decrypt

A consortium of 21 major banks, including Goldman Sachs and Bank of America, plans to launch a joint U.S. dollar stablecoin by the first half of 2027, with a euro version to follow. This initiative marks a significant move by traditional finance into the digital asset space, potentially bridging TradFi and DeFi.

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