The planned venture will initially focus on a US dollar stablecoin before expanding to other G7 currencies, with a euro-denominated offering next.
BofA, Citi, Goldman Sachs among 21 institutions planning stablecoin launch
Related News
Stablecoins
Why Circle is spending $400M to fix the last mile holding stablecoins back from real-world payouts
The purchase could tighten Circle’s control of regulated payout infrastructure while partner banks retain the…
Stablecoins
Could Elon Musk’s X Money Use XRP? XRPL Foundation CTO Weighs In
At the moment, X Money has no crypto or stablecoin support, keeping its payments system tied to fiat, but Ang…
Stablecoins
Anchorage Digital adds institutional access to Frgmnt’s fUSD stablecoin
The US federally chartered crypto bank will allow institutional clients to hold, mint, redeem and stake Frgmn…
DeFi
Circle’s Noble shutdown leaves Cosmos racing to move $92 million in USDC
Holders can use supported exchanges, Noble DEXs or CCTP V1 beforehand; afterward, Circle’s manual redemption …
Comments (0)
Please sign in to comment.
No comments yet. Be the first to comment.