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Barclays buys into stablecoin-settlement company Ubyx
Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, its first such investment and part of its plans to explore "new forms of digital money", the British bank said on Wednesday. Ubyx, which launched in 2025, is a clearing system for stablecoins - cryptocurrencies pegged 1:1 to mainstream currencies - which aims to reconcile tokens created by different issuers. Various banks and other financial institutions have announced plans involving stablecoins in the past year, as soaring crypto prices and U.S. President Donald Trump's support for the sector revived interest in using blockchain in the ... (full story)
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