In brief
- Barclays has requested information from technology providers regarding a potential push into blockchain, according to Bloomberg.
- The banking giant is said to be considering tokenized deposits and stablecoin payments.
- Earlier this year, the firm made an investment in stablecoin settlement firm, Ubyx.
Publicly traded banking institution Barclays (BCS) is reportedly gathering information for a potential push into blockchain, according to a Friday report from Bloomberg.
Sources familiar with the matter said the firm has requested information from “technology suppliers” while it considers a path forward. Its utilization of blockchain may include tokenized deposits and stablecoins, the report said.
The U.K.-based banking…
