21 Wall Street banks make a dramatic U.S. dollar move

Wall Street is finally surrendering. After years of fighting stablecoins, 21 major banks like Goldman Sachs and BofA are launching their own token. But with a 2027 target, they are dangerously late. Tether and Circle already dominate, and previous bank attempts have seen near-zero adoption. Is this a desperate move to save dying payment rails, or can the "old guard" actually out-compete crypto-native giants? Are banks too late to win the stablecoin war?
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