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