$2T Barclays Explores Blockchain to Tap Into Stablecoin and Tokenization Boom

U.K. financial giant Barclays, with up to $2 trillion in assets under management (AuM), is reportedly looking to create a blockchain platform. The bank plans to use the blockchain platform for payments, stablecoins, and tokenized deposits, expanding its offerings as it looks to match similar moves from rivals like JPMorgan.