Ubyx
Ubyx is a global clearing and settlement platform designed to enable stablecoins to operate like universal digital cash. Through existing financial infrastructure, it enables banks, fintech companies, issuers, and merchants to accept, deposit, and redeem stablecoins at par across multiple currencies and blockchains. The protocol uses a unified rulebook and pre-funded settlement accounts to ensure redemption at par, keeping accounting treatment consistent with cash equivalents (IAS7) and supports peer-to-peer payments without intermediaries.
Overview
Ubyx is a global clearing and settlement platform designed to enable stablecoins to operate like universal digital cash. Through existing financial infrastructure, it enables banks, fintech companies, issuers, and merchants to accept, deposit, and redeem stablecoins at par across multiple currencies and blockchains. The protocol uses a unified rulebook and pre-funded settlement accounts to ensure redemption at par, keeping accounting treatment consistent with cash equivalents (IAS7) and supports peer-to-peer payments without intermediaries.
- Sector
- # Other
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Seed
10,000,000 USD
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