In Brief

  • Goldman, Citi and other banks are investing about USD 270 million in Project Faro.

  • The US-based dollar token plans to launch in the first half of 2027.

  • Circle stock fell after two earlier reports about stablecoin competitors.

Read the original story Goldman and Citi Bet USD 270 Million on Their Own Stablecoin: Can Tether and Circle Hold On? by Lockridge Okoth on se.beincrypto.com