Techub News Report, according to Reuters, UK bank Barclays announced that it has invested in Ubyx, a US stablecoin settlement company, marking its first investment in a stablecoin-related company, though the investment amount and valuation were not disclosed. Ubyx is scheduled to launch in 2025, offering a stablecoin clearing system aimed at coordinating tokens created by different issuers and facilitating settlement. PitchBook information shows that Coinbase and Galaxy Digital's venture capital division have previously invested in Ubyx. Barclays stated that both parties will work together to develop "tokenized currency" within regulatory boundaries.

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