Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027 — Live Feedhttps://www.live-feeds.com/feed/goldman-sachs-bofa-and-others-plan-to-issue-dollar-stablecoin-together-in-2027Continuously updated, source-cited coverage. Twenty-one banks to launch joint US dollar stablecoin by 2027https://www.live-feeds.com/feed/goldman-sachs-bofa-and-others-plan-to-issue-dollar-stablecoin-together-in-2027https://www.live-feeds.com/feed/goldman-sachs-bofa-and-others-plan-to-issue-dollar-stablecoin-together-in-2027#u55481Thu, 03 Sep 2026 10:11:16 +0000Goldman Sachs, Bank of America, Citi, and 18 other financial institutions are forming a new company to issue a US dollar-backed stablecoin. The venture targets a launch in the first half of 2027, focusing on commercial cross-border payments for institutional and retail users. This move signals a shift in traditional finance toward blockchain settlement. Market reaction was immediate, with Circle stock dropping 6% as the new consortium enters the 303 billion dollar stablecoin market.Why it mattersBanks previously opposed stablecoins but are now developing their own regulated digital tokens. Thi