Barclays blockchain platform is under consideration by Barclays, which has consulted potential providers and may reach a decision in April. The bank’s discussions about a proprietary platform have been reported, and recent Barclays job postings do not appear to reference blockchain or distributed ledger. The total market capitalization of stablecoins is approximately $312 billion following explosive growth last year and stabilization since autumn.
Reports say Barclays has engaged with potential providers about creating a proprietary blockchain platform and may make a decision in April. The reporting describes the initiative as potentially including payments executed in stablecoins and the issuance of tokenized deposits for customers. Coverage also noted that recent Barclays job listings do not appear to reference blockchain or distributed ledger technology. The details in the reporting focus on those components and the bank’s supplier consultations.
Separate items in the same reporting highlighted that Wells Fargo advertised roles seeking expertise in the Cosmos (ATOM) ecosystem for building a digital-assets platform. Those job postings at another major bank were described alongside coverage of Barclays’ planning. The reporting frames these hiring and planning activities as distinct developments among banks considering digital-asset infrastructure. The information presented here reflects the specific elements reported about the initiative.
Wells Fargo published job postings seeking expertise in the Cosmos (ATOM) ecosystem to build a digital-assets platform. The listings specify skills related to the Cosmos ecosystem for development work on a platform for digital assets. Reporting of those postings appeared alongside coverage of other banks’ activity in digital-asset infrastructure. The same reporting noted that stablecoins have a total market capitalization of approximately $312 billion after rapid growth last year and a stabilization since autumn.
The Wells Fargo job postings were presented in the reporting as a separate development alongside banks exploring digital-asset platforms. The reporting also indicated that no recent Barclays job postings appear to reference blockchain or distributed ledger technology. These items were described as distinct developments among banks considering digital-asset infrastructure.
Reports indicate Barclays is considering launching its own blockchain platform that would include features such as payments in stablecoins and tokenized deposits. Coverage also described related developments at other banks, including Wells Fargo’s job postings seeking expertise in the Cosmos (ATOM) ecosystem to build a digital-assets platform, and noted that stablecoins have a total market capitalization of approximately $312 billion after rapid growth last year and a stabilization since autumn.
