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Barclays is testing a blockchain platform for payments and deposits using stablecoins, with vendor choice expected by April.
Barclays is exploring a blockchain platform for payments and deposits, aiming to use stablecoins and tokenized assets, with vendor selection expected by April, according to Bloomberg.
The move reflects a broader shift in banking toward faster, more efficient digital transactions, following JPMorgan’s JPM Coin.
The bank has previously invested in a U.S. stablecoin clearing platform, signaling growing interest in digital infrastructure.
While no official comment has been made, the initiative highlights increasing industry adoption of blockchain despite ongoing regulatory and liquidity challenges.
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Barclays está probando una plataforma blockchain para pagos y depósitos utilizando stablecoins, con una elección de proveedor prevista para abril.