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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.
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Ubyx
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Description
Ubyx is a stablecoin clearing system that connects issuers and receiving institutions so users can deposit stablecoins into existing bank or fintech accounts at par. It uses pre-funded settlement accounts and a shared rulebook to coordinate redemptions across multiple blockchains and currencies.Category: Payment network