Barclays Invests in US Stablecoin Start-Up Ubyx – Decrypt
In brief One of the UK’s largest banks has invested in newly founded stablecoin settlement start-up Ubyx. The firm aims to build infrastructure that would allow different stablecoins to achieve “cash equivalent” status within the existing financial system. Consultants in the UK crypto industry praised the ‘pragmatic’ investment as it backs payments infrastructure rather than...
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