Ubyx Raises $10M to Launch Stablecoin Clearing Platform
The post Ubyx Raises $10M to Launch Stablecoin Clearing Platform appeared first on Coinpedia Fintech News
Ubyx, a startup focused on clearing stablecoin transactions, has raised $10 million in seed funding. The round was led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, and others. Founded by former Citigroup executive Tony McLaughlin, the company plans to simplify stablecoin transfers across blockchains. Ubyx is set to launch by the end of 2025, initially supporting Solana and Base networks.
U.S. Senate Overwhelmingly Supports Stablecoins’ GENIUS Act: Next to the House of Representatives
The post U.S. Senate Overwhelmingly Supports Stablecoins’ GENIUS Act: Next to the House of Represent...
Elon Musk’s X Reinstates Pump.fun and Its Founders Account After 24 Hours of Suspension
The post Elon Musk’s X Reinstates Pump.fun and Its Founders Account After 24 Hours of Suspension ap...
JPMorgan Unveils Its U.S. Dollar-backed JPMD Stablecoin on Ethereum’s Base
The post JPMorgan Unveils Its U.S. Dollar-backed JPMD Stablecoin on Ethereum’s Base appeared first o...