Banking giants commit $270m to stablecoin venture – Bloomberg

11 Nov 2026 - 08:15
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Some of the world’s biggest banks – including Citi, Goldman Sachs and Deutsche Bank – have committed around $270 million to a new stablecoin venture called Project Faro, according to Bloomberg. In October 2025, Banco Santander, Bank of America, Barclays, BNP Paribas, Citi, Deutsche Bank, Goldman Sachs, MUFG Bank, TD Bank and UBS revealed that […]

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