PYMNTS

Goldman and Citi Help Fund $270 Million Stablecoin Venture

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 of operations at the new company, plans […] The post Goldman and Citi Help Fund $270 Million Stablecoin Venture appeared first on PYMNTS.com.

By PYMNTS

1 min read
Goldman and Citi Help Fund $270 Million Stablecoin Venture
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