# 21 Banks Including Citi and Goldman Line Up a Stablecoin — and Circle Shares Are Already Sinking

A group of 21 banks and asset managers has revealed plans to stand up a company that will issue stablecoins. Circle's shares have slid roughly 6% on the day, lagging behind most crypto-linked equities. Those two sentences are the entire story — and it marks the second occasion this year that traders

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| Published | 2 September 2026 |

Source: https://egamers.io/21-banks-including-citi-and-goldman-line-up-a-stablecoin-and-circle-shares-are-already-sinking/