Bank of America, Citigroup and Goldman Sachs join stablecoin push
Bank of America, Citigroup and Goldman Sachs are among nearly two dozen firms teaming up to launch stablecoins for cross-border transactions, according to The Wall Street Journal.
By Gina HeebBank of America, Citigroup and Goldman Sachs are among a group of nearly two dozen firms teaming up to jump into the world of stablecoins, or digital tokens that can be used for cross-border transactions.The Wall Street Journal reported last week that banks have shifted to a more defens…