PANews reported on February 19th that, according to Chainwire, AB Xelerate, the fintech accelerator of Arab Bank, a major international bank headquartered in Amman, Jordan, announced an investment in stablecoin settlement company Ubyx. The specific investment amount was not disclosed. The new funds will support Ubyx's development of a shared network that will enable 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. Previously, it was reported that Ubyx had been acquired by banking giant Barclays and was exploring the development of "tokenized currencies."