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Citi, Goldman, other global banks and asset managers team up on stablecoin venture

CoinDeskTuesday, September 1, 2026 at 3:36 PM

RedScroll Brief

Citi, Goldman, other global banks and asset managers team up on stablecoin venture
Image via CoinDesk

The group will focus first on a U. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.

RedScroll Signal

Impact
High
Category
Crypto
Market relevance
High
Why it matters
Crypto moves are a live stress test of liquidity, regulation, and narrative risk. The group will focus first on a U. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion. Watch liquidity and volatility around Citi and Goldman — crypto markets reprice narrative risk quickly.

Desk copy

RedScroll Briefing

Extractive editorial brief — not a reprint of the original

What happened

The group will focus first on a U. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion.

Why it matters

Crypto moves are a live stress test of liquidity, regulation, and narrative risk.

Background

CoinDesk reported on this under crypto. RedScroll surfaces the signal with an extractive brief — not a reprint of the original article. Read the source for full reporting.

Timeline

  1. CoinDesk published: Citi, Goldman, other global banks and asset managers team up on stablecoin venture

  2. Story is in today’s RedScroll edition. Follow the original source for updates.

Economic impact

Watch liquidity and volatility around Citi and Goldman — crypto markets reprice narrative risk quickly.

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Source

CoinDesk

Original reporting by CoinDesk. RedScroll provides an extractive briefing only.