Barclays Invests In Ubyx Stablecoin Platform
Barclays has made its first investment in Ubyx, a US stablecoin clearing platform connecting regulated issuers with financial institutions.Summary
Barclays, a major global bank, has announced its first investment in a stablecoin-related company by taking a stake in Ubyx, a US stablecoin clearing platform. Ubyx aims to create infrastructure connecting regulated issuers with banks and fintech companies, facilitating seamless interaction with evolving digital money landscapes. This move follows Ubyx's $10 million seed funding round in June 2025, which included backing from entities associated with Galaxy and Coinbase. Founded by payments veteran Tony McLaughlin, Ubyx seeks to build a global acceptance network for regulated digital money, including tokenized deposits and stablecoins from major players like Ripple and Paxos. Barclays stated the investment aligns with its strategy to explore opportunities in new forms of digital money, marking a notable shift from its previous cautious stance on the crypto sector.
(Source：Cointelegraph)