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Global banks commit $270M to stablecoin venture targeting 2027 launch

FxGain News Newsdesk · · reported by 1 source

Global banks commit $270M to stablecoin venture targeting 2027 launch

What we know so far

Cointelegraph (Nov 11, 05:08): Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.

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