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Wire · operational-macro

Banks including Goldman Sachs, Bank of America to issue US dollar stablecoin together in 2027

2 September 2026 · By · Wire by Fusion42

Published

2 September 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

United States

◆ Source

Read at businesstimes.com.sg →

◆ Verified

Fusion42 · 2 September 2026 · Fusion42 review

A consortium of 21 major financial institutions including Goldman Sachs and Bank of America plan to create a company in 2026 to launch a US dollar pegged stablecoin in early 2027, with plans to expand to other G7 currencies like the euro afterwards.

This Wire brief sits within Fusion42's coverage of Fintech, and 6 sources have reported it between 1 Sep 2026 and 2 Sep 2026.

◆ ◆ The Wire takeaway

You will face a new playing field as major banks unify to launch dollar stablecoins, shifting crypto trading closer to mainstream finance and opening fresh routes for digital dollar-related fintech products.

◆ Coverage

6 sources · first reported 1 Sep 2026 · latest 2 Sep 2026

◆ Related on Wire

◆ Topics

Fintechstablecoinus-dollarfinancial-institutionscryptoblockchain