Goldman, Citi and Global Banks Commit $270 Million to Challenge Crypto’s Stablecoin Giants

Source: Decrypt ·

Goldman, Citi and Global Banks Commit $270 Million to Challenge Crypto’s Stablecoin Giants

The funding, backing a U.S.-incorporated issuer codenamed “Project Faro,” covers five years of operations as traditional lenders move to challenge crypto-native giants Tether and Circle.

Read the full story at Decrypt

Shared from the GodsView world desk: live wires next to a globe of flights, ships, fires, and quakes.

More from the world desk