Global banks commit $270M to stablecoin venture targeting 2027 launch
- Posted on November 11, 2026
- By Cointelegraph
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- 1 min read
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Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro has $270 million to launch a bank-issued dollar stablecoin, but members including BBVA and Rabobank are also backing rival coins.
