[Stablecoin Settlement Company Ubyx Receives Investment from Arab Bank's Accelerator AB Xelerate] According to Chainwire, AB Xelerate, the fintech accelerator under the large international bank Arab Bank headquartered in Amman, Jordan, has announced an investment in the stablecoin settlement company Ubyx. The specific investment amount has not been disclosed. The new funding will support the development of a shared network that enables regulated financial institutions to issue, accept, and exchange digital currencies at face value across multiple blockchains and jurisdictions, while operating within established regulatory and compliance frameworks. Earlier reports indicated that Ubyx had been acquired by banking giant Barclays, with plans to explore the development of 'tokenized currency.'