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Global banks commit $270M to stablecoin venture targeting 2027 launch
◉ COINTELEGRAPH · CRYPTO & BLOCKCHAIN · RT-8B3940

Global banks commit $270M to stablecoin venture targeting 2027 launch

⌖ COINTELEGRAPH⏱ ✓ SOURCE · cointelegraph.com/news/banks-270m…SHA-256 E3F50DC9·73B825D8

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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