🔴 Four major banks just invested real money in a stablecoin 🏛️ Goldman Sachs, Citigroup, Santander, and Deutsche Bank committed around $270M to Project Faro, covering five years for a U.S. issuer backed by 21 institutions. It aims to launch in 2027 in a $290B market where Tether and Circle hold around 85%. If big banks issue their own stablecoin, would that change which tokens you accept or hold for P2P settlement? 👇 #stablecoins #projectfaro #circle #tether #genius

🔴 Four major banks just invested real money in a stablecoin 🏛️ Goldman Sachs, Citigroup, Santander, and Deutsche Bank committed around $270M to Project Faro, covering five years for a U.S. issuer backed by 21 institutions. It aims to launch in 2027 in a $290B market where Tether and Circle hold around 85%.

If big banks issue their own stablecoin, would that change which tokens you accept or hold for P2P settlement? 👇

#stablecoins #projectfaro #circle #tether #genius