Barclays Bank announced its investment in stablecoin clearing company Ubyx, marking its first investment in a stablecoin-related company and part of its plan to explore "new forms of digital currency." Ubyx, founded in 2025, positions itself as a stablecoin clearing system, aiming to coordinate settlements between stablecoins issued by different issuers and pegged 1:1 to fiat currencies. In a statement, Barclays said it and Ubyx will advance the development of tokenized currencies within the regulatory framework. Reuters points out that over the past year, several banks and financial institutions have announced their stablecoin-related plans. Previously, Barclays, along with several banks including Goldman Sachs and UBS, stated they were exploring the possibility of jointly issuing stablecoins pegged to G7 currencies. Barclays did not disclose the specific amount or valuation of this investment but confirmed it is its first investment in the stablecoin sector. According to PitchBook data, Coinbase and Galaxy Digital's venture capital arm have also previously invested in Ubyx. (Reuters)