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Major financial institutions are stepping up investments in stablecoin infrastructure, hinting that digital dollars are moving closer to the core of the global payments system rather than remaining a niche crypto product.
This week, Barclays confirmed it has taken an equity stake in U.S.-based startup Ubyx, marking the bankās first direct investment in a company focused entirely on stablecoins. The move shows growing interest among traditional lenders in tokenized forms of cash that operate under existing regulatory rules.
According to reports, a spokesperson said, āThis investment aligns with Barclaysā approach to explore opportā¦
Read The Full Article Barclays Backs Stablecoin Settlement Technology in First Equity Deal On Coin Edition.
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