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CryptoUpdated Yesterday

Cointelegraph says Faro targets a first-half 2027 stablecoin launch.

Cointelegraph reports that Project Faro has secured $270 million, naming Goldman Sachs, Citigroup and BBVA among its backers. The funding is for a planned US-dollar stablecoin, with launch targeted for the first half of 2027.

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Coverage started Yesterday

Key Actors

  • Circle
  • Citigroup
  • Goldman Sachs
  • Tether

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