Barclays Invests in Ubyx Amid Tokenized Money Exploration: Report
According to reports, Barclays has invested in Ubyx, marking its initial investment in a stablecoin startup. This move comes as banks increasingly explore regulated digital payments and "tokenized money." The investment signals growing interest from traditional financial institutions in the stablecoin and digital asset space. The development highlights the ongoing push towards integrating digital currencies into the regulated financial system.
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