Concordium and Ubyx partner to bring regulated stablecoin clearing to enterprises, combining compliance-first blockchain infrastructure with universal stablecoin acceptance.
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In a pivotal step toward enabling regulated digital finance at scale, Concordium has partnered with Ubyx, a stablecoin clearing house enabling banks and fintechs to redeem stablecoins at face value. This partnership merges Concordium’s enterprise-grade, ID-anchored Layer 1 blockchain with Ubyx’s soon-to-launch stablecoin clearing network, offering a breakthrough solution for secure, compliant, and scalable digital payments.
Powering PayFi: Concordium’s Enterprise-First Approach
Concordium’s PayFi vision places identity, regulatory compliance, and financial accountability at the core of blockchain-powered financial infrastructure. Unlike anonymous-by-default networks, Concordium embeds identity verification at the protocol layer, which is uniquely suited for enterprises and regulators alike as it satisfies modern AML and KYC standards by design.
This compliance-by-default architecture positions Concordium as the go-to infrastructure for financial institutions seeking to embrace blockchain without compromising on regulatory obligations, user privacy, and auditability. This partnership enables Concordium-based applications to tap into Ubyx’s global clearing network, expanding PayFi utility to include seamless stablecoin redemption into fiat-regulated financial institutions. Essentially, it bridges blockchain-native assets with traditional financial systems in a compliant, enterprise-ready manner.
Ubyx: Clearing the Path for Stablecoin Ubiquity
Fresh off a $10M seed round led by Galaxy Ventures, Ubyx is reimagining stablecoin infrastructure by addressing five systemic blockers to stablecoin adoption, chief among them—the inability to redeem stablecoins at par value through trusted financial institutions. Ubyx solves this through a clearing protocol that allows stablecoins from any supported issuer or chain to be deposited, verified, and settled through regulated off-ramps.
For enterprise users, this translates into:
- Universal acceptance: A single connection gives stablecoin issuers access across a shared redemption network.
- Full cash equivalence: Stablecoin can be redeemed for fiat through existing standard financial accounts at par.
- Regulated Off-Ramps: Works across supported chains without bespoke integrations.
- P2P Utility: Empowers direct, trusted transactions with native stablecoin holdings.
This new model clears the path for corporations to treat stablecoins not as exotic financial instruments or speculative cryptocurrency, but as reliable, general-purpose means of payment and settlement.
Concordium: A Blueprint for PayFi Success
Concordium’s blockchain is uniquely suited to meet the stringent demands of regulators and institutions, users alike:
- Built-in identity framework: Every participant is verifiable by design without compromising privacy.
- Compliance-ready architecture: Supports global AML/KYC and audit requirements..
- Enterprise-grade scalability and performance: Scales for high-throughput financial applications.
- Reduced smart contract risk: Protocol-level tokens for secure programmable finance.
These features make Concordium an ideal foundation for stablecoin issuance and PayFi applications, particularly in sectors like banking, fintech, and regulated payments, where both technological efficiency and legal certainty are paramount.
A Shared Vision for Regulated Digital Finance
By joining the Ubyx network, Concordium enables issuers and enterprises building on its chain to access a global stablecoin clearing platform, and a direct route to universal stablecoin redemption – all of which will unlock new models for B2B payments, payroll, remittance, and cross-border commerce. Thanks to Ubyx’s pre-funded, rule-based clearing infrastructure, transactions originating on Concordium can settle into fiat at par through trusted financial institutions worldwide.
This partnership offers significant strategic advantages to enterprise clients by eliminating the need to navigate fragmented redemption infrastructures, removing exposure to issuer-specific or exchange-based risk, and enabling seamless integration of stablecoins into existing accounting and treasury frameworks. For regulators, it affirms the viability of stablecoins operating within a secure, auditable, and regulation-ready environment, supported by redemption channels that adhere to AML, KYC, and anti-fraud standards.
“Adoption of public-permissionless blockchains is about to take off as banks and fintechs understand the need to participate in the stablecoin epoch. TradFi has sensed the benefits of connecting to blockchains for years, but has gone down the dead end of private-permissioned chains. Regulators and banks are now beginning to realize that public infrastructure is enterprise-ready, and will lead to a more resilient and performant financial system.”
–Tony McLaughlin, Founder of Ubyx
“Concordium was built with the regulatory demands of finance in mind as well as the original promise of blockchain. Partnering with Ubyx brings this very vision to life, enabling stablecoin payments that are not only fast and programmable, but also compliant, auditable, and enterprise-ready.” – Boris Bohrer-Bilowitzky.
Laying the Rails for Global Stablecoin Adoption
Ubyx plans to go live in Q4 2025 with an ongoing roadmap that includes onboarding additional institutional issuers, scaling regulatory partnerships, expanding currency support, and introducing liquidity and trust frameworks. Concordium’s involvement ensures that identity compliance and regulatory alignment are built in from day one.
This collaboration is more than technical integration; it’s a joint effort to usher in a new era of programmable money with real-world utility. As the financial system enters the stablecoin epoch, Concordium joins Ubyx along with a long partnership list of TradFi players, stablecoin issuers and top chains, including Chainalysis, Fireblocks, Solana, Stellar, Ripple and Paxos to lay the foundations for a future where digital cash is as safe, compliant, and useful as any traditional payment method.
Enterprise and regulatory stakeholders are invited to engage now before the infrastructure of tomorrow becomes today’s competitive edge.
