X @Wu Blockchain

Digital Currency Exploration - Major global banks are exploring issuing digital money on public blockchains [1] - The initiative aims to develop a 1:1 reserve-backed digital currency based on G7 currencies [1] - The goal is to offer a stable payment asset on public blockchains [1] Participating Institutions - Goldman Sachs, Santander, Deutsche Bank, Bank of America, BNP Paribas, Citigroup, MUFG, TD Bank, and UBS are among the banks involved [1]