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Bank of America, Citi and Goldman Sachs Among Banks Exploring Joint Stablecoin
Yahoo Finance·2025-10-11 04:00

A group of international banks have said they are working together to explore issuing a stablecoin product.  The banks—Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank Ltd, TD Bank Group, and UBS—said Friday that the digital token would be pegged to G7 currencies, according to a statement posted by BNP Paribas. The G7 is made up of the United States, Canada, France, Germany, Italy, Japan, and the United Kingdom. While the banks' statement did not mention ...