Barclays has made its first investment in a stablecoin-related company by acquiring a stake in Ubyx, a U.S.-based firm specializing in stablecoin settlement. This move aligns with Barclays' strategy to explore "new forms of digital money," as the bank aims to develop tokenized money within regulatory frameworks. Ubyx, launched in 2025, offers a clearing layer for stablecoins, facilitating easier settlement and redemption across different issuers. The investment reflects a broader industry trend where major banks seek exposure to stablecoin infrastructure while adhering to compliance standards. Barclays' involvement comes amid increasing interest in tokenization, with stablecoins playing a central role in crypto market liquidity. The bank's stake in Ubyx also coincides with its participation in a consortium exploring reserve-backed digital money tied to G7 currencies, highlighting the growing importance of stablecoins in financial systems.