Goldman Sachs, Citi among banks said to commit $270 million to stablecoin venture
COINDESK · NEW YORK — The venture, known as Project Faro, plans to issue a dollar-denominated stablecoin and is expected to be incorporated in the U.S.
- CODE
- RT-5FC865
- PUBLISHER
- CoinDesk
- TOPIC
- Crypto & Blockchain
- PUBLISHED
- 10 November 2026 · 17:32 UTC
- FIRST SEEN
- 10 November 2026 · 17:45 UTC
- ORIGINAL
- https://www.coindesk.com/business/2026/11/10/goldman-sachs-citi-among-banks-said-to-commit-usd270-million-to-stablecoin-venture
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- 8d9aa12f846d459f6524deb9531975a22b29740799ba73d15ee4c94d71c7c56b
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