• U.S. Supreme Court’s Decision on Trump’s Tariffs: Implications for Crypto Markets
• Dogecoin Forms Head and Shoulders Pattern: Is a Price Drop on the Horizon?
• a16z Raises $15B, Projects Crypto Growth Through Markets and Infrastructure
• FedWatch Updates Show Higher Odds of No Rate Cuts in January
• Federal Reserve to Ease Policy by 50 Basis Points in 2026
• Evernorth and Doppler Finance Collaborate to Power Institutional XRP Infrastructure
• BingX introduces BingX TradFi, expanding access to global financial markets
• Zcash Developers Launch CashZ Wallet After ECC Exit
• Nasdaq and CME Group Collaborate on New Crypto Index
• U.S. Macro Data Release Affects Crypto Markets
Key Points:
- Barclays makes its first venture into the stablecoin sector by investing in Ubyx.
- The investment aligns with Barclays’ strategy to expand its digital assets presence.
- Ubyx aims to create a global acceptance network for regulated digital money.
Barclays announces its inaugural investment in the U.S. stablecoin platform Ubyx, aiming to enhance digital connectivity and infrastructure, reported on January 7th.
This strategic move underscores growing technology alliances in the blockchain landscape, emphasizing regulatory alignment and stablecoin usage among financial institutions.
Barclays’ Strategic Move: Investment in Stablecoin Network
Ryan Hayward of Barclays stated that interoperability is pivotal, as it unlocks digital assets’ full potential.
Tony McLaughlin values bank participation in Ubyx’s mission, emphasizing the critical role of digital wallets. Both parties affirm their commitment to responsible digital money development within regulatory frameworks.
Interoperability is essential to unlock the full potential of digital assets. As the landscape of tokens, blockchains and wallets evolves, specialist technology will play a pivotal role in delivering connectivity and infrastructure to enable regulated financial institutions to interact seamlessly. We are pleased to be joining Ubyx on their journey as we drive forward our shared ambition to accelerate and shape innovation across our industry.
Ubyx’s Rapid Growth and Industry Insights: A Look into the Future
Did you know? In June, Ubyx raised $10 million in seed funding, showcasing its rapid evolution in the digital currency space.
In recent data from CoinMarketCap, Bitcoin (BTC) maintains a dominant position in the market with a 58.41% share. It holds a market cap of 1817318905375 and a 24-hour trading volume of 43727678154. The currency experienced a slight 0.08% decrease over the last 24 hours.
Coincu analysts highlight the significance of regulated frameworks in boosting institutional confidence in digital assets. They anticipate that this investment will drive broader adoption and integration of digital currencies, reinforcing the infrastructure necessary for financial entities to engage with emerging technologies effectively. In recent data from CoinMarketCap, Bitcoin (BTC) maintains a dominant position in the market with a 58.41% share.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
No tags available.
Other Posts
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- China, US Conclude Trade Talks with Focus on Cooperation
- Circle Mints $500 Million USDC on Solana Blockchain
- Nordea Bank Introduces Bitcoin ETP Trading for Nordic Customers
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Court Upholds Fed’s Rejection of Custodia Bank’s Request
- Kevin Hassett Emphasizes Fed’s Independence Amid Trump’s Rate Suggestion
- Kazakhstan Explores Crypto Reserves Backed by National Funds
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- China, US Conclude Trade Talks with Focus on Cooperation
- Circle Mints $500 Million USDC on Solana Blockchain
- Nordea Bank Introduces Bitcoin ETP Trading for Nordic Customers
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Court Upholds Fed’s Rejection of Custodia Bank’s Request
- Kevin Hassett Emphasizes Fed’s Independence Amid Trump’s Rate Suggestion
- Kazakhstan Explores Crypto Reserves Backed by National Funds
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
Markets - 23 minutes ago
2 min
Analysis - 35 minutes ago
3 min
News - 50 minutes ago
2 min
Markets - 52 minutes ago
2 min
Markets - 1 hour ago
3 min
- Amplify 2024: Ohio’s Premier Blockchain Summit
- Polymarket Announces U.S. Beta Relaunch Amid Market Buzz
- Michael Saylor Denies Bitcoin Sell-Off Amid Large BTC Transfer
- U.S. Treasury Proposes New Tax Relief Regulations
- Radiant Capital Faces $50M Loss in Major Security Breach
- SEGG Media Unveils $300 Million Crypto Reserve Plan
- 21Shares Files S-1 With SEC to Launch Hyperliquid ($HYPE) ETF
- Hong Kong Sentences Influencer for Unlicensed Investment Advice
- Franklin Templeton Signals TradFi and Crypto Integration
- China, US Conclude Trade Talks with Focus on Cooperation
- Circle Mints $500 Million USDC on Solana Blockchain
- Nordea Bank Introduces Bitcoin ETP Trading for Nordic Customers
- Circle Focuses on Expanding USDC Use in Hong Kong
- Western Union Trials Stablecoin System for Remittance Innovation
- GMGN Completes Compensation for MEV-Affected Users
- Court Upholds Fed’s Rejection of Custodia Bank’s Request
- Kevin Hassett Emphasizes Fed’s Independence Amid Trump’s Rate Suggestion
- Kazakhstan Explores Crypto Reserves Backed by National Funds
- Is MetaMask Preparing for Its Long-Awaited MASK Token Airdrop?
- BitMine Expands Ethereum Holdings to $13B With Major Weekly Purchase
Sponsored Articles - 2 days ago
5 min
Analysis - 2 days ago
3 min
Analysis - 2 days ago
3 min
ETF - 2 days ago
2 min
News - 2 days ago
2 min
Sponsored Articles - 1 week ago
6 min
Markets - 1 week ago
2 min
Markets - 1 week ago
2 min
News - 1 week ago
2 min
Ethereum - 1 week ago
2 min
Latest
- 23 mins ago 2 mins
23 mins ago
9
Jan
U.S. Supreme Court’s Decision on Trump’s Tariffs: Implications for Crypto Markets
- 35 mins ago 3 mins
35 mins ago
9
Jan
Dogecoin Forms Head and Shoulders Pattern: Is a Price Drop on the Horizon?
- 50 mins ago 2 mins
50 mins ago
9
Jan
a16z Raises $15B, Projects Crypto Growth Through Markets and Infrastructure
Press Release
- 1 hours ago 3 mins
1 hours ago
9
Jan
Evernorth and Doppler Finance Collaborate to Power Institutional XRP Infrastructure
- 2 hours ago 3 mins
2 hours ago
9
Jan
BingX introduces BingX TradFi, expanding access to global financial markets
- 3 hours ago 4 mins
3 hours ago
9
Jan