Reuters: Barclays Bank acquires stake in Ubyx, a US stablecoin settlement company, entering the stablecoin sector

DeepFlowTech · 2026-01-07T03:18:44+00:00

Barclays Bank acquires Ubyx equity in the US stablecoin settlement company, entering the stablecoin field as part of its exploration of digital currency strategies. Ubyx provides a stablecoin settlement system linked to traditional currencies. The specific investment scale and terms have not been disclosed.

DeepFlowTech

2026-01-07 03:18:44

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Deep Tide TechFlow News, on January 7th, according to Reuters, Barclays has acquired a stake in Ubyx, a U.S. stablecoin settlement company, entering the stablecoin field.

Ubyx was established in 2025 and offers a settlement system for stablecoins (cryptocurrencies pegged to traditional currencies). Barclays stated that this investment is part of its strategy to explore digital currency options but did not disclose the investment amount or specific terms. Previously, Barclays had collaborated with banks such as Goldman Sachs and UBS to study the possibility of issuing stablecoins pegged to G7 currencies.

A Barclays spokesperson said, “This investment aligns with Barclays’ strategy to explore opportunities in new digital currencies such as stablecoins.” The bank did not disclose the investment size or valuation. It is reported that U.S. cryptocurrency companies Coinbase and Galaxy Digital’s venture capital divisions had also previously invested in Ubyx.

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