The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
Related News
Bitcoin
Bitcoin’s projected difficulty cut would still leave older S19 rigs short at 5-cent power
A 6.5% cut would improve gross mining revenue at unchanged Bitcoin price, subsidy and fees, while modeled S19…
Regulation
Think Bigger!! Schwartz Calls for Higher XRP Price as 37 European Banks Embrace Ripple
XRP price under pressure, but Schwartz sees higher valuations benefiting the network as 37 European banks exp…
Regulation
Polymarket US trading volume jumps 266% despite regulatory battles
Trading volume on Polymarket’s US exchange surged from June to October, fueled by sports betting, even as the…
Regulation
Crypto teams up with U.S. government to defend stock perps in legal fight
Crypto and prediction markets firms declared themselves on the side of the U.S. Commodity Futures Trading Com…
Comments (0)
Please sign in to comment.
No comments yet. Be the first to comment.