regulation
Global banks commit $270M to stablecoin venture targeting 2027 launch
CoinTelegraphNovember 10, 2026 · 11:34 PM2 min read
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
Originally published on CoinTelegraph
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027.
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