Ubyx Launches Tokenized Money Clearing for Banks on Polygon
Ubyx Launches Tokenized Money Clearing for Banks on Polygon
馃挵 Banks go onchain
Ubyx, founded by Tony McLaughlin, has launched a clearing service for tokenized money targeting banks and payment service providers (PSPs).
Key Details:
- The platform enables financial institutions to clear tokenized money transactions
- Polygon was selected as the settlement chain for the infrastructure
- Ubyx focuses on bringing traditional banking operations onchain
This development represents another step in bridging traditional finance with blockchain infrastructure, as established financial institutions explore tokenized payment rails.
Get to know Tony McLaughlin, founder of @ubyx_. Ubyx clears tokenized money for banks and PSPs, choosing Polygon as a settlement chain.
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