Barclays explores blockchain platform for payments and margin trading — Bloomberg

2026-02-27 16:56:14

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Investing.com — According to Bloomberg, Barclays is in talks with technology vendors to develop a blockchain platform for payments and other processes.

Sources say the UK-based lending institution has issued a request for information to potential technology providers to assess how to develop new products.

The sources also indicated that Barclays’ blockchain plans may include payment applications such as stablecoins and tokenized collateral. They added that the bank aims to select a vendor as early as April.

This move follows similar efforts by global competitors like JPMorgan, which have been exploring the application of digital asset technology to banking services.

Stablecoins are expanding in the payments sector, and the entry of tech companies and fintech firms into the market poses potential challenges to banks’ core businesses.

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