21 BANKS FORM CONSORTIUM TO LAUNCH A STABLECOIN IN FIRST HALF OF 2027 Bank of America $BAC, Citigroup $C and Goldman Sachs $GS are among the firms setting up a company to support the venture, per WSJ. The token will focus on commercial clients and launch dollar-denominated before expanding to other G7 currencies, though use cases could vary by region and include retail markets. North America: Bank of America $BAC, Capital One $COF, Citigroup $C, Fidelity Investments, Goldman Sachs $GS, PNC $PNC, Scotiabank $BNS, TD Bank Group $TD, Wells Fargo $WFC, WisdomTree $WT Europe: Banco Santander $SAN, BBVA $BBVA, Commerzbank, Crédit Agricole, Deutsche Bank $DB, Lloyds $LYG, Rabobank, UBS $UBS East Asia: MUFG Bank $MUFG Middle East: Sirius International Holding Africa: Standard Bank JPMorgan $JPM has separately evaluated launching its own stablecoin, though those discussions have been preliminary with no active product underway, per WSJ.