{
  "id": 4892027,
  "title": "A consortium of 21 banks, including Bank of America, Citigroup, and Goldman Sachs, says it will establish a company and launch its stablecoin venture in H1 2027 (Gina Heeb/Wall Street Journal)",
  "url": "https://urgent.news/2026/09/01/a-consortium-of-21-banks-including-bank-of-america-citigroup-and-4892027",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T15:45:47.000Z",
  "source": {
    "name": "Techmeme",
    "slug": "techmeme",
    "url": "https://www.wsj.com/finance/banking/these-banks-are-banding-together-to-launch-a-stablecoin-6de07eff?st=K8gDPu&reflink=desktopwebshare_permalink"
  },
  "original_language": "en",
  "account": null,
  "summary": "Twenty-one firms, including several megabanks, plan to establish a company that would help guard against competition from digital assets",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Contxto",
        "title": "Qash and Banco R4 Launch the First Stablecoin Infrastructure for a Regulated Bank in Latin America",
        "url": "https://urgent.news/2026/08/11/qash-and-banco-r4-launch-the-first-stablecoin-infrastructure-for-a",
        "published": "2026-08-11T18:06:44.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Stocks are starting out September under pressure. Bank of America zeroes in on key level",
        "url": "https://urgent.news/2026/09/01/stocks-are-starting-out-september-under-pressure-bank-of-america",
        "published": "2026-09-01T13:24:05.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "A consortium of 21 banks, including Bank of America, Citigroup, and Goldman Sachs, plans to establish a company and launch its stablecoin venture in H1 2027 (Gina Heeb/Wall Street Journal)",
        "url": "https://urgent.news/2026/09/01/a-consortium-of-21-banks-including-bank-of-america-citigroup-and",
        "published": "2026-09-01T15:45:47.000Z"
      }
    ]
  },
  "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."
}