Barclays

Barclays is reportedly building a blockchain-powered platform to handle payments and deposits, joining global banks pursuing faster, fully digital settlement. The initiative aims to speed clearing, improve liquidity and support tokenized cash use cases.

Barclays is reportedly building a blockchain platform to support payments, stablecoins and tokenized deposits as it seeks to rival peers like JPMorgan. The move could expand its product suite and accelerate institutional tokenization.

Barclays has formed a strategic partnership with Ubyx to develop tokenised deposits, regulated stablecoin rails and clearing infrastructure focused on interoperability for digital assets.