Major banks explore issuing stablecoins pegged to G7 currencies-February 2024-www.financetom.com

Major banks explore issuing stablecoins pegged to G7 currencies

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Major banks explore issuing stablecoins pegged to G7 currencies

Oct 10, 2025 7:12 AM

Oct 10 (Reuters) - A group of banks including Bank of

America ( BAC ) , Citi, Deutsche Bank, Goldman

Sachs ( GS ) and UBS will work together to explore

creating blockchain-based assets pegged to G7 currencies, the

banks said in a press release on Friday.

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