Barclays makes first stablecoin investment with stake in Ubyx

Barclays has made its first investment in the stablecoin sector by acquiring a stake in Ubyx, a company focused on creating a regulated stablecoin. This investment marks a significant step for the bank as it explores opportunities in the cryptocurrency market. Ubyx aims to provide a stable digital currency that complies with regulatory standards, enhancing trust and usability in the crypto space. The move reflects Barclays' commitment to innovation and adapting to the evolving financial landscape.

Read the full article: Coin Telegraph

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