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Wire · operational-macro

Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027

Published

2 September 2026

Topic

operational-macro

Sectors

Fintech

Geography

United States

Source

Read at crypto-reporter.com

Verified

Fusion42 · 2 September 2026 · Fusion42 review

Goldman Sachs, Bank of America, and 19 other banks have announced plans to jointly launch a stablecoin by 2027, marking a significant move by major financial institutions into the digital currency space.

This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 1 Sep 2026 and 2 Sep 2026.

◆ The Wire takeaway

You face a new competitor backed by the largest US banks entering stablecoin issuance. Prepare to pivot if your fintech's value depends on controlling stablecoin access or payments infrastructure.

Coverage

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

Related on Wire

Topics

Fintechstablecoinbanking-consortiumdigital-currencyfintechus-market