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Ubyx
Ubyx lets users deposit stablecoins from multiple issuers into bank accounts through a clearing system that provides full-value redemption.
Distributed
Description
Ubyx is a clearing system for banks and fintechs to accept stablecoins from multiple issuers and blockchains and credit users’ existing accounts at par. It uses pre-funded reserves at settlement banks and a standard rulebook to coordinate redemptions, connect issuers with receiving institutions, and keep peer-to-peer transfers intact through regulated channels.Grant Funding
VC Funding
None
2025
$0
$20M