Barclays has acquired a stake in U.S. stablecoin-settlement company Ubyx, marking its first investment in digital money. Ubyx, established in 2025, acts as a clearing system for stablecoins pegged to mainstream currencies. Many financial institutions are exploring blockchain technology, with Barclays and Ubyx focusing on developing tokenized money within regulations. The size of Barclays’ investment remains undisclosed, but this marks their initial foray into stablecoin investments, joining other major banks in exploring stablecoin possibilities. The stablecoin market has seen significant growth, with Tether leading with $187 billion in circulation mainly for crypto market transactions.

Read more at Yahoo Finance: Barclays buys into stablecoin-settlement company Ubyx