Goldman, Citi Among Banks Committing $270M to Fund Joint Stablecoin Issuer for Five Years
By Jose Oramas
Goldman Sachs and Citigroup are among the banks that have committed about $270 million to a joint stablecoin company, Bloomberg reported on Tuesday. Banco Santander and Deutsche Bank have also joined, according to people familiar with the matter. That money is meant to cover five years of operations at the new…
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