Ten major banks including Bank of America (BAC), Deutsche Bank (DB), and UBS (UBS) are exploring issuing stablecoins pegged to G7 currencies, Reuters Elizabeth Howcroft and Tommy Reggiori Wilkes report. The group of lenders also includes Citi (C), Barclays (BCS), TD Bank (TD), Goldman Sachs (GS), Santander (SAN), and BNP Paribas (BNPQY).
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