Introducing the Ubyx Whitepaper
Today we’re launching Ubyx with a single mission: to deliver stablecoin ubiquity.
The whitepaper introduces a novel frame of reference for understanding the future of digital money. Ubyx acts as a clearing layer for stablecoins, enabling universal redemption at par value, achieving cash-equivalent accounting recognition under IAS 7, and offering issuers a mutualized global acceptance network of bank and non-bank financial institutions. It supports the singleness of money, facilitates peer-to-peer payments over public permissionless blockchains, and more.
The Ubyx Association marks the first step for stablecoin issuers, banks, fintechs, payment service providers, and public blockchain foundations to self-organise around an executable plan for stablecoin ubiquity. By joining, your organisation gains a coherent stablecoin strategy.
You can find the whitepaper here.
About Ubyx
Ubyx is the clearing layer for stablecoins designed to deliver universal redemption at par, enable cash-equivalent accounting treatment, and provide a mutualized global acceptance network across bank and non-bank financial institutions. It preserves the singleness of money on public blockchains and gives stablecoin issuers universal distribution through a neutral, openly governed ecosystem. The Ubyx Association enables participants to shape actionable strategies for stablecoin ubiquity both within and beyond their organizations.
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