2026-11-15 16:05:15
21 Banks Commit $270 Million to Project Faro Stablecoin, Planned 2027 Launch
According to ChainCatcher, a banking consortium of 21 institutions has pledged approximately $270 million to support Project Faro, an upcoming U.S. dollar stablecoin initiative. Goldman Sachs, Citigroup, Santander, and Deutsche Bank are among the participating banks. The project is scheduled to