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Ubyx Secures $10 Million to Enhance Stablecoin Redemption Standards and Boost Adoption

Published by cointelegraph.com on 9 hours ago

Ubyx Secures $10 Million to Enhance Stablecoin Redemption Standards and Boost Adoption

Ubyx, an innovative startup focused on establishing a standardized process for redeeming stablecoins at their face value, has successfully secured $10 million in seed funding.

The investment round was spearheaded by Galaxy Ventures, and the company plans to utilize these funds to launch its operations in the fourth quarter of 2025.

Read Original Article

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