Cointelegraph reports that Project Faro, supported by Goldman Sachs, Citigroup, and BBVA, has raised $270 million to develop a US dollar stablecoin. The launch is planned for the first half of 2027.
Based on the Cointelegraph report; not independently verified.
Source published: Tue, 10 Nov 2026 23:08:28 +0000
[Read the original report](https://cointelegraph.com/news/banks-270m-project-faro-stablecoin-2027?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)
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