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Major banks explore issuing stablecoins pegged to G7 currencies

ReutersOct 10, 2025 1:48 PM

- A group of banks including Bank of America BAC.N , Citi C.N, Deutsche Bank DBKGn.DE, Goldman Sachs GS.N and UBS UBSG.S will work together to explore creating blockchain-based assets pegged to G7 currencies, the banks said in a press release on Friday.

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