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🚨 BREAKING: Barclays makes strategic investment in Ubyx Inc., the stablecoin clearing company.
This is their first stablecoin infrastructure investment.
- Not in an issuer.
- Not in a middleware.
- And not issuing their own coin
Investing In the clearing layer.
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Who's Ubyx?
Ubyx solves the many-to-many problem.
- Many stablecoin issuers.
- Many blockchains.
- Many wallets.
None of them interoperate cleanly.
Ubyx built stablecoin clearing—any token, any chain, one settlement layer.
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The Barclays angle is interesting.
They're not racing to issue their own stablecoin.
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