Stablecoin settlement company Ubyx receives investment from Arab Bank's accelerator AB Xelerate

ChainCatcher News: According to market sources, AB Xelerate, the fintech accelerator under Arab Bank, a large international bank headquartered in Amman, Jordan, has announced an investment in stablecoin settlement company Ubyx. The specific investment amount has not been disclosed. The new funding will support the development of a shared network, enabling regulated financial institutions to issue, accept, and redeem digital currencies at face value across multiple blockchains and jurisdictions, while operating within established regulatory and compliance frameworks.