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low financeVERIFIED

Goldman, Citi Among Banks in $270 Million Stablecoin Backing

Verified: 2 outlets have reported this story since Nov 10.

🕐 1h ago·2 outlets

A group of financial firms including Goldman Sachs Group Inc., Citigroup Inc., Banco Santander SA and Deutsche Bank AG have committed around $270 million in funding toward a joint stablecoin venture, according to people familiar with the matter.

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✓ Verified · 2 outlets

Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.

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Reliability
94%

Very high · How we score this

Risk Score
low risk