{
  "id": 19418040,
  "title": "Goldman and Citi Help Fund $270 Million Stablecoin Venture",
  "url": "https://urgent.news/2026/11/10/goldman-and-citi-help-fund-270-million-stablecoin-venture",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T23:51:20.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/cryptocurrency/2026/goldman-and-citi-help-fund-270-million-stablecoin-venture/"
  },
  "original_language": "en",
  "account": null,
  "summary": "A group of banking giants have reportedly pledged roughly $270 million in financing toward a joint stablecoin venture. The banks included Goldman Sachs, Citigroup, Santander and Deutsche Bank, Bloomberg News reported Tuesday (Nov. 10), citing sources familiar with the matter. The funding is aimed at covering five years of operations at the new company, plans […] The post Goldman and Citi Help…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Finextra",
        "title": "Banking giants commit $270m to stablecoin venture - Bloomberg",
        "url": "https://urgent.news/2026/11/10/banking-giants-commit-270m-to-stablecoin-venture-bloomberg",
        "published": "2026-11-10T18:46:00.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "Sources: Citigroup, Goldman Sachs, and others in a 21-bank consortium committed around $270M to fund five years of a stablecoin venture announced in September (Bloomberg)",
        "url": "https://urgent.news/2026/11/10/sources-citigroup-goldman-sachs-and-others-in-a-21-bank-consortium",
        "published": "2026-11-10T18:50:06.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "The Fed will not raise interest rates by 50 basis points – Goldman Sachs’s Robin Brooks",
        "url": "https://urgent.news/2026/11/10/the-fed-will-not-raise-interest-rates-by-50-basis-points-goldman",
        "published": "2026-11-10T19:20:44.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}