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DeFiSource: TheNewsCrypto ·

Goldman Sachs, Citi and 19 Financial Firms Back $270M Stablecoin Venture

A group of 21 global financial institutions has committed approximately $270 million to Project Faro, a joint stablecoin venture planning to launch a US dollar-backed digital currency in the first half of 2027.

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This headline and summary were published by TheNewsCrypto. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

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