Barclays boosts blockchain settlement tools for stablecoins

Barclays deepens its foothold in stablecoin infrastructure, favoring settlement systems and consortium collaboration over direct token issuance. The bank's strategy focuses on developing the ecosystem's backbone instead of creating proprietary stablecoins. This approach highlights a preference for foundational infrastructure investment, positioning Barclays as a key player in supporting stablecoin scalability and interoperability within the broader Ethereum and DeFi landscapes.