Stablecoin startup Ubyx completes $10 million seed round funding, led by Galaxy Ventures

Odaily Planet Daily News: Ubyx, a stablecoin startup founded by former Citigroup executive Tony McLaughlin, has completed a $10 million seed round financing led by Galaxy Ventures, with participation from Founders Fund, Coinbase Ventures, Paxos, and VanEck. The company is committed to building a clearing system that connects stablecoin issuers with banks and fintech companies to address interoperability issues in payment scenarios. （bloomberg）