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Kosta Gushterov

Barclays plots blockchain overhaul of core banking, partner pick by April 2026

On 28 February 2026, Barclays said it is engaging technology vendors to develop a blockchain platform for payments, deposits, and settlements. The bank targets a partner decision by April 2026 and has taken a stake in Ubyx, while the stablecoin market is close to $300 billion and a tokenized sterling pilot with HSBC and Lloyds is scheduled through mid-2026.
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