# Goldman Sachs, Citi Among Banks Pledging About $270M for Stablecoin Project

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54237
Published: 2026-11-11T16:54:43.000Z
Updated: 2026-11-11T16:54:43.000Z
Section: Business

> Santander and Deutsche Bank are also among the named financial institutions in the shared effort.

Goldman Sachs, Citi and other financial institutions have committed about $270 million to a joint stablecoin project, with Santander and Deutsche Bank also among the named participants. The pledge brings several major banking institutions into a shared effort focused on stablecoins.

The commitment is for the project as a whole. The total commitment is about $270 million.