Bank of America, Citigroup and Goldman Sachs Explore Issuing Stablecoins Pegged to G7 Currencies

A group of major world banks is working on a new stablecoin tied to G7 currencies. The plan is one of the biggest endeavors that traditional financial institutions have conducted to delve into blockchain-based assets. Top Global Banks Turn To Blockchain Amid Trump-Era Crypto Revival Bank of America, Citi, Deutsche Bank, Goldman Sachs, UBS, Barclays,

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