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Wall Street Banks Unite to Launch Stablecoin Rivaling Tether and Circle

A consortium of nine banks has confirmed plans tied to Wall Street to explore a reserve-backed Stablecoin for G7 payments on public blockchains, engaged regulators, and evaluated a $50T payments landscape alongside tokenized deposit pilots.The post Wall Street Banks Unite to Launch Stablecoin Rivaling Tether and Circle appeared first on Cryptonews.

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