Wire · operational-macro
Goldman Sachs, BofA and 19 banks join forces to launch stablecoin in 2027
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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.
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7 sources · first reported 1 Sep 2026 · latest 2 Sep 2026
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