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Banks Including Citigroup Back Regulated Global Stablecoin Launch

Bank of America logoBank of America
Sig2.91Sen+1.71Env0.00Soc+0.33Gov+0.52
Goldman Sachs logoGoldman Sachs
Sig3.27Sen+1.67Env0.00Soc+0.30Gov+0.86
Citigroup logoCitigroup
Sig3.63Sen+2.44Env0.00Soc+0.63Gov+1.27

Twenty-one global financial institutions, including Citigroup, are forming a new company to issue a regulated stablecoin. The venture is set to be created in 2H 2026, with the product live in 1H 2027, initially as a U.S. dollar stablecoin and later expanded to other G7 currencies. It follows an Oct. 2025 plan to explore a 1:1 reserve-backed digital currency across public blockchains.

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