Reuters: Barclays Bank invests in the U.S. stablecoin settlement company Ubyx, entering the stablecoin sector

According to Reuters, Barclays has acquired a stake in the U.S. stablecoin settlement company Ubyx, entering the stablecoin sector.

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

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 scale of the investment or valuation. It is reported that U.S. cryptocurrency companies Coinbase and Galaxy Digital's venture capital division had also previously invested in Ubyx.