Top finance firms team up to issue ‘bank-grade’ stablecoin by 2027

2nd September, 2026

Aravind Bulusu
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Twenty-one leading financial institutions, including Goldman Sachs, Bank of America and Citigroup, plan to set up a new entity in 2026 to support the issuance of a regulated stablecoin solution in the first half of 2027.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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