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flag Barclays is testing a blockchain platform for payments and deposits using stablecoins, with vendor choice expected by April.

flag 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. flag The move reflects a broader shift in banking toward faster, more efficient digital transactions, following JPMorgan’s JPM Coin. flag The bank has previously invested in a U.S. stablecoin clearing platform, signaling growing interest in digital infrastructure. flag 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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