Ubyx Launches Global Stablecoin Clearing System on Multiple Chains
Ubyx Launches Global Stablecoin Clearing System on Multiple Chains
馃寪 Banks Finally Meet Crypto
Ubyx has launched its global stablecoin clearing system, marking a significant development in crypto-fiat infrastructure. The platform enables:
- Seamless conversion between stablecoins and fiat currencies at banks worldwide
- Integration with multiple blockchain networks including Polygon and zkSync
- Connection between stablecoin issuers, banks, and fintech companies
The system aims to make stablecoins accessible and practical for everyday use through a shared redemption network.
Massive congratulations to Ubyx, the global stablecoin clearing system! We're thrilled to be supporting at launch, enabling seamless conversion of stablecoin <> fiat at banks around the world, on Polygon.
Two months ago, we released the Ubyx Whitepaper. Today, we announce a $10M seed round led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, VanEck, and industry stakeholders to deliver the global clearing system that will unlock stablecoin ubiquity.
Soon.on Polygon
Polygon continues its development trajectory with a new milestone approaching. The project, known for its Ethereum scaling solutions and ZK technology innovations, is preparing for a significant update. While specific details remain under wraps, the consistent messaging of 'Soon.on Polygon' suggests a strategic rollout is imminent. Key points to watch: - Polygon's scaling infrastructure - ZK technology implementation - Ethereum ecosystem integration Stay tuned for official announcements from the Polygon team.
Comics Launch on Courtyard.io
Courtyard.io has officially launched its comics feature, marking a significant expansion in digital content offerings. This development follows months of preparation, including live drawing sessions and demonstrations at New York Comic Con. The platform aims to bridge traditional comics with web3 technology, providing creators with new ways to share and monetize their work. - Launch announced on June 18, 2025 - Integration with existing Courtyard.io ecosystem - Built on previous community engagement through live drawing sessions *Creators can now publish and distribute comics directly through the platform.*
First Regulated Real Estate Token Trading Platform Launches on Polygon
**REX**, a regulated trading platform for tokenized real estate, has launched on Polygon PoS, marking a significant development in property investment accessibility. Key features: - First regulated secondary market for property-backed tokens - Enables fractional investment in residential, commercial, and luxury real estate - Built by DigiShares with U.S. regulatory approval - Offers low-cost, rapid settlement via Polygon - Plans for global expansion and Agglayer integration The platform addresses the longstanding liquidity challenges in real estate, the world's largest but traditionally illiquid asset class. [Read more on Cointelegraph](https://cointelegraph.com/news/tokenized-real-estate-trading-platform-launches-polygon)
DC Crypto Policy Bootcamp: First Round of Invites Sent
The first round of invites for the DC Crypto Policy Bootcamp on October 24th has been sent out. There's still one week left to apply for this event, which aims to educate the industry on government and vice versa. Key points: - Co-hosted by Polygon Labs, Solana Foundation, Wormhole Foundation, and Stand With Crypto - Part of a two-series initiative: 1. Pre-election: Industry advocacy mobilization 2. Post-election: Educational effort for Congress To apply: - Be in Washington D.C. on Oct 24th - Have interest in blockchain advocacy - Want to advance policy landscape Submit your application: [Google Form Link] The organizers look forward to welcoming participants and advancing policy discourse.