Goldman Sachs, BofA and others plan to issue dollar stablecoin together in 2027

21 financial institutions (including Goldman Sachs, Bank of America, Citi, and Deutsche Bank) plan to create this year a firm to issue a dollar-pegged cryptocurrency in the first half of 2027. The announcement signals renewed institutional push into tokenized stable assets, but near-term impact is likely limited until regulatory and launch details are clarified.