Wire · operational-macro
Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027
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Fusion42 · 2 September 2026 · Fusion42 review
A consortium of 21 major banks including Goldman Sachs, Bank of America, and Deutsche Bank plans to launch a dollar-pegged stablecoin in 2027 with intentions to expand into euro and other G7 currency stablecoins. They will compete with another large consortium aiming to issue a euro stablecoin later this year amid limited current adoption of bank-issued stablecoins.
This Wire brief sits within Fusion42's coverage of Fintech, and 13 sources have reported it between 1 Sep 2026 and 4 Sep 2026.
◆ ◆ The Wire takeaway
You face a new race between major banks launching stablecoins tied to major currencies which could sideline smaller issuers and reshape crypto market roles. Start assessing your positioning against bank-led digital currency moves before 2027 to avoid losing access to mainstream finance flows.
◆ Coverage
13 sources · first reported 1 Sep 2026 · latest 4 Sep 2026
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