Banks Plan Dollar Stablecoin Launch in 2027
A group of major global banks including Goldman Sachs and Bank of America plan to issue a dollar-pegged stablecoin in early 2027. The initiative responds to growing mainstream financial interest in blockchain technology.
Xurve View
Insights:
Xurve View
A group of 21 financial institutions led by GOLDMAN SACHS GROUP INC plan to launch a dollar-pegged stablecoin in the first half of 2027. The initiative brings together major lenders including BANK OF AMERICA CORP, CITIGROUP INC, and DEUTSCHE BANK AG-REGISTERED to form a new issuing company this year. This marks one of the largest coordinated efforts by traditional banks to enter the digital currency market.
