Stablecoin Clearing Startup Ubyx Raises $10M in Round Backed by Galaxy and Coinbase

Stablecoin Clearing Startup Ubyx Raises $10M in Round Backed by Galaxy and Coinbase

The firm's stablecoin clearing system aims to facilitate adoption by solving the stablecoin sector's fragmentation problem.

Ubyx, The Stablecoin Clearing System Enabling Bank & Fintech Off-Ramps, Announces $10M Seed Led by Galaxy Ventures

Newswire.ca Press Release.

Stablecoin Clearing System Ubyx Raises $10M - Markets Media

Ubyx is founded by 30-Year Payments Veteran to Build Global Stablecoin Acceptance Network Ubyx, the stablecoin clearing system that enables regulated banks and fintechs to redeem stablecoins at face value, announced its $10M seed round led by Galaxy Ventures with participation from Coinbase Ventures, Founders Fund, VanEck, Mirana Ventures, LayerZero, Paxos, Boku, Payoneer, and Monerium. Ubyx is designed to deliver stablecoin ubiquity, meaning gl…

Ubyx Secures $10M Funding to Revolutionize Stablecoin Interoperability

BitcoinWorld Ubyx Secures $10M Funding to Revolutionize Stablecoin Interoperability The world of digital finance is constantly evolving, and at the heart of much of this innovation lies the potential of stablecoins. These digital currencies, pegged to stable assets like the US dollar, offer a bridge...

Ubyx stablecoin clearing network raises $10m - Ledger Insights - blockchain for enterprise

Today Ubyx announced a $10 million seed funding round led by Galaxy Ventures. Other backers in the round include Founders Fund, stablecoin issuer Paxos, Payoneer and others. Ubyx aims to provide a clearing system enabling anyone to easily on and off-ramp between bank accounts and stablecoins. This is a particular issue for corporates that want […] The post Ubyx stablecoin clearing network raises $10m appeared first on Ledger Insights - blockchai…

Ubyx raises $10M to standardize stablecoin redemption and drive adoption

The post Ubyx raises $10M to standardize stablecoin redemption and drive adoption appeared first on Daily Truth Report • DailyTruthReport.com.