crypto.news reports that a group of 21 financial institutions, including Bank of America, Citi, Goldman Sachs and Deutsche Bank, committed to form a company in the second half of 2026 and target a dollar-pegged stablecoin launch in the first half of 2027. Reuters independently corroborates the consortium statement and says the group expanded from 10 institutions first announced in October 2025; stablecoins linked to other G7 currencies may follow, with the euro identified as a priority.
OVERVIEW
Business and market identity
The Goldman Sachs Group, Inc. is a leading global investment banking, securities, and asset and wealth management firm that provides a wide range of financial services.
- Company type
- Public company
- Payment role
- digital asset and stablecoin
- Source coverage
- 5 traceable endpoints
- Valuation basis
- NYSE · GS (live market cap not cached)
- US website
- Open site ↗
