Banks Explore New Stablecoin: A Digital Money Revolution?
Update: 2025-10-10
Description
Banking giants like Bank of America and Goldman Sachs are joining forces to explore a new stablecoin pegged to G7 currencies, aiming to revolutionize digital payments. This one to one reserve-backed form of digital money seeks to enhance efficiency, boost competition, and adhere to strict regulatory standards, potentially shifting trillions from traditional banking to the crypto realm.
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