Banks Join Crypto : Stablecoin Pilot Backed By G7 Currencies

Faced with the uncontrolled rise of private stablecoins, the global banking giants, from Goldman Sachs to Société Générale, are going on the offensive. By testing tokens backed by G7 currencies, these institutions aim to regain control of digital finance. This strategic project, led by the USDF consortium and the Provenance blockchain, seeks to combine monetary stability, regulatory compliance, and technological innovation. Such an initiative could redefine the balance between traditional banks, regulators, and the crypto ecosystem.

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