Axelar Joins Ubyx as a Launch Partner, Connecting Stablecoin Bank & Fintech Offramp to Any Blockchain

Ubyx, the innovative stablecoin clearing system, is set to revolutionize global payments with its Q4 2025 launch, and Axelar is proud to be a key partner. Announced on June 17, 2025, Ubyx secured a $10M seed round led by Galaxy Ventures, with participation from Coinbase Ventures, Founders Fund, and others. Axelar, a launch partner, will deliver blockchain interoperability to enhance Ubyx’s mission of enabling stablecoin ubiquity.

Ubyx connects stablecoin issuers like Paxos and Ripple with banks and fintechs, allowing seamless redemption of stablecoins for fiat at par value. Financial institutions such as banks, fintechs, payment service providers and e-money institutions will use Ubyx to allow their users to receive payment of participating stablecoins via hosted wallets. 

Axelar's interoperability solutions will connect these innovative stablecoin rails to any blockchain, securely and openly, ensuring global access for financial institutions and end-users.

Axelar Foundation is joining the Ubyx Association, alongside other critical institutional blockchain infrastructure providers like BitGo, Fireblocks and Zodia Custody, to drive ecosystem growth and support a planned launch in 2025 Q4. 

Ubyx is a critical piece of the stack for universal stablecoin acceptance. With Axelar’s technology, Ubyx is poised to make stablecoins a cornerstone of digital payments, transforming how we pay globally.

For more, read the Ubyx announcement [LINK].

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