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Goldman and Citi Help Fund $270 Million Stablecoin Venture

Source: PYMNTS.com•November 10, 2026

A group of banking giants have reportedly pledged roughly $270 million in financing toward a joint stablecoin venture. The banks included Goldman Sachs, Citigroup, Santander and Deutsche Bank, Bloomberg News reported Tuesday (Nov. 10), citing sources familiar with the matter. The funding is aimed at covering five years

A group of banking giants have reportedly pledged roughly $270 million in financing toward a joint stablecoin venture. The banks included Goldman Sachs, Citigroup, Santander and Deutsche Bank, Bloomberg News reported Tuesday (Nov. 10), citing sources familiar with the matter. The funding is aimed at covering five years

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