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Alex Jimenez
Alex Jimenez
@AlexJimenez@mas.to  ·  activity timestamp 3 days ago

Barclays backs US startup for stablecoin clearing

Barclays is investing in Ubyx, a U.S. startup, to help banks directly redeem stablecoins for fiat currency and generate new revenue streams.

https://www.americanbanker.com/payments/news/barclays-backs-u-s-startup-for-stablecoin-clearing

#FinTech #FinServ #Banking #Payments #PayTech

American Banker

Barclays backs US startup for stablecoin clearing

The bank is investing in Ubyx to help traditional financial institutions settle stablecoin payments and compete with nonbank fintechs.
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