Barclays has taken a strategic stake in Ubyx, a U.S.-based clearing system for tokenized deposits and regulated stablecoins that enables direct redemption to bank accounts.

The bank’s first stablecoin-related investment underscores institutional appetite for neutral, compliant infrastructure that connects fiat banking rails with digital money, reducing fragmentation and counterparty risk. Ubyx previously disclosed a $10 million raise to build its network, and its design focus—redemption, reconciliation, and standardized messaging—aligns with banks’ need to integrate stablecoin flows without bypassing existing compliance and treasury controls.

For Barclays, the stake offers optionality on digital money strategies without committing to an issuer role, and provides a vantage point on how banks might monetize flows and data across tokenized cash. If Ubyx can aggregate bank connectivity and standardized redemption at scale, it would lower integration costs for institutions and push the industry toward interoperable, regulated settlement rather than siloed issuer networks.