Back to all news
Defi

Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin

The Daily Hodl·September 1, 2026·1 min read
Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin

A group of 21 banks and financial firms, including Bank of America, Wells Fargo, Citi, and Goldman, is establishing a new company to issue a dollar-denominated stablecoin for commercial cross-border payments. The initiative marks a major traditional finance entry into digital assets.

Read at The Daily Hodl
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store