Barclays Backs Stablecoin Settlement Technology in First Equity Deal

• Barclays took its first equity stake in a stablecoin-focused startup, Ubyx.
• Stablecoins are increasingly viewed as tools for faster, regulated payments.
• Fintech giants like Stripe and Mastercard are expanding stablecoin use cases.

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 bank’s 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, “This investment aligns with Barclays’ approach to explore opport…

Read The Full Article Barclays Backs Stablecoin Settlement Technology in First Equity Deal On Coin Edition.