Cointelegraph·Cointelegraph by Isabelle Castro·2h ago

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

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.

Discussion · 0

@·1s

💬 Discussion: Global banks commit $270M to stablecoin venture targeting 2027 launch 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.

Reply with your take — replies appear on this article and in the main feed. Open thread