ubyx

Here’s a news summary of Barclays investing in stablecoin infrastructure company Ubyx — a major development in traditional finance moving into digital-money infrastructure:
CoinDesk
The Block
Barclays invests in stablecoin settlement firm as tokenized infrastructure advances
Barclays buys stake in Ubyx as it explores regulated 'tokenized money': Reuters | The Block
Today
🔎 What happened
Barclays PLC has acquired a stake in Ubyx, a U.S.-based stablecoin settlement and clearing infrastructure startup — marking the bank’s first direct investment in a stablecoin-focused company. �
PR Newswire
The investment is strategic — not just financial — and part of **Barclays’ broader push into “new forms of digital money,” including regulated tokenized assets and stablecoins. �
Cointelegraph
Financial details (e.g., stake size or valuation) have not been publicly disclosed. �
TradingView
🧠 What Ubyx does
Ubyx, launched in 2025, builds infrastructure for regulated digital money such as stablecoins and tokenized bank deposits by providing:
A clearing and settlement system that can reconcile stablecoins issued by different providers so they operate more like interchangeable cash. �
PR Newswire
Tools for par-value redemption — meaning stablecoins can be redeemed for fiat through regulated channels like banks and fintechs. �
BanklessTimes
Interoperability across issuers, wallets and institutions to reduce fragmentation in the stablecoin ecosystem. �
48635675.fs1.hubspotusercontent-na1.net
Ubyx’s seed round in 2025 attracted investments from prominent crypto venture arms such as Galaxy Ventures, Coinbase Ventures, Founders Fund, and VanEck. �
TradingView
📊 Why it matters
For Barclays:
This is part of a measured entry into digital-money infrastructure within existing regulatory frameworks, rather than direct issuance of a bank stablecoin or broad crypto exposure. �
TradingView
The bank has previously joined a consortium of other major financial institutions exploring a G7-currency-pegged stablecoin. �
Yahoo Finance
For the industry:
The move signals growing institutional interest in stablecoin rails and tokenized assets beyond crypto-native use cases. �
Stocktwits
Stablecoins continue growing rapidly as a liquidity and settlement layer for both crypto markets and potentially broader payment systems. �
The Block
🤔 Broader context
Traditional banks have largely cautioned on cryptocurrency volatility, but many are now exploring regulated digital assets infrastructure. �
Cointelegraph
Stablecoins have surged in total supply, with some estimates putting them at hundreds of billions of dollars in market size — mainly within crypto markets but increasingly eyed for mainstream use. �
TradingView
If you’d like, I can also explain how Ubyx’s settlement technology works or how this might affect stablecoin adoption in everyday payments.
#Barclays #Ubyx #Stablecoins #DigitalMoney #TokenizedAssets

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Ubyx raised $10M to standardize stablecoin redemption by Q4 2025.
Platform connects issuers and banks for fiat conversion at par.Supports blockchains like Solana, Arbitrum, and XRP Ledger.Partnerships include Paxos, Ripple, BitGo, and Chainalysis.Aligns with rising stablecoin volumes and U.S. regulatory progress.
Ubyx Raises $10M to Streamline Stablecoin Conversion
Ubyx, a stablecoin infrastructure startup, secured $10 million in seed funding to standardize stablecoin redemption at face value. The round, led by Galaxy Ventures, included Coinbase Ventures, Founders Fund, VanEck, and Paxos. The platform aims to launch in Q4 2025, allowing regulated banks and fintechs to convert stablecoins directly to fiat at par value.
The service seeks to reduce friction in stablecoin transactions and boost adoption. Ubyx’s clearing system connects multiple issuers to receiving institutions, enabling seamless redemption into existing bank and fintech accounts. This addresses market fragmentation and supports cash-equivalent accounting treatment.
“Stablecoins need a unified network to become mainstream,” said Mike Giampapa, general partner at Galaxy Ventures. The platform draws parallels to card networks like Visa, aiming for global acceptance of stablecoins.
Tackling Stablecoin Market Challenges
The stablecoin market faces barriers to widespread use. Each issuer builds its own distribution network, driving up costs and limiting interoperability. Institutions cannot currently treat stablecoins as cash equivalents on balance sheets due to inconsistent redemption processes.
Ubyx’s platform counters these issues by creating a shared clearing system. It supports multiple blockchains, including Solana, Arbitrum, Avalanche, and XRP Ledger. Partnerships with Paxos, Ripple, and infrastructure providers like BitGo and Chainalysis strengthen its ecosystem.
“Stablecoins on public networks will transform payments,” said Shan Aggarwal, vice president at Coinbase Ventures. Ubyx’s network allows diverse issuers and currencies to operate cohesively, fostering a pluralistic market structure.
Stablecoin transaction volumes have surged, processing 19.4 times more value than PayPal over the past 12 months, per data from a16z Crypto. Ubyx’s timing aligns with growing demand for efficient digital currency solutions.
Strategic Partnerships and Future Plans
Ubyx has onboarded issuers like Paxos, Ripple, Agora, and Monerium. Its infrastructure partners include BitGo, Copper, and Fireblocks, ensuring robust custody and analytics. The platform will also support tokenized deposits and central bank digital currencies in the future.
Tony McLaughlin, Ubyx’s founder and CEO, emphasized the platform’s role in advancing stablecoin adoption. “Our network enables issuers across blockchains to deliver seamless redemption, paving the way for a stablecoin-driven payment future,” he said.
The funding will fuel partnership expansion and platform development. Ubyx plans to launch with compliance features like anti-money laundering and know-your-customer checks, ensuring regulatory alignment.
The announcement coincides with U.S. legislative progress on stablecoins. The GENIUS Act, set for a Senate vote, aims to establish a national framework for stablecoin oversight, potentially boosting market confidence.
Ubyx’s efforts align with industry trends. Major firms like Circle have gone public, signaling a maturing stablecoin sector. Experts predict more issuers, including tech giants, will enter the space, per Bloomberg.
The platform’s interoperable network could position it as a key player in digital finance. By simplifying redemption, Ubyx aims to make stablecoins as accessible as traditional payment methods.
#StablecoinRedemption #Ubyx #Blockchain #Fintech #Cryptocurrency