Barclays Bank Invests in Stablecoin Clearing Platform Ubyx Summary Barclays Bank's first investment in a stablecoin-related US clearing platform, Ubyx, did not disclose specific amounts. This move aims to support the infrastructure development of digital assets and promote seamless interoperability between financial institutions and new digital currencies. PANews January 7 News, according to Cointelegraph, Barclays Bank (Barclays) made its first investment in a company related to stablecoins—US stablecoin clearing platform Ubyx—though the scale of this investment was not disclosed. Ryan Hayward, Head of Digital Assets and Strategic Investments at Barclays Bank, stated: “As the token, blockchain, and wallet sectors continue to develop, specialized technology will play a key role in providing connectivity and infrastructure, helping regulated financial institutions achieve seamless interaction. This investment aligns with Barclays' exploration of opportunities based on new digital currencies such as stablecoins.” Previously, in June last year, stablecoin startup Ubyx completed a $10 million seed round funding, led by Galaxy Ventures.