Global banks commit $270M to stablecoin venture targeting 2027 launch
COINTELEGRAPH — Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
- CODE
- RT-8B3940
- PUBLISHER
- Cointelegraph
- TOPIC
- Crypto & Blockchain
- PUBLISHED
- 10 November 2026 · 23:08 UTC
- FIRST SEEN
- 10 November 2026 · 23:30 UTC
- ORIGINAL
- https://cointelegraph.com/news/banks-270m-project-faro-stablecoin-2027?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
- SHA-256
- e3f50dc973b825d89e52d0d43834a702b907d77b3f79cc8ece31447eaca4e547
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