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Banking giants commit $270m to stablecoin venture - Bloomberg

Source: Finextra•November 10, 2026

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.

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.

This story was curated by Paysonas from Finextra as part of our daily payment-industry briefing. Read the original article for full details.