Tokenised GBP
This token is the only GBP-pegged stablecoin issued by a company incorporated in UKFCA the United Kingdom. Through a robust and transparent backing mechanism, the token maintains its 1:1 peg to the British pound, aiming to achieve stability, redeemability, and regulatory compliance. The token is fully collateralized by fiat currency and HM short-term zero-coupon bonds issued by the Treasury. The token supports on-chain British pound payments, programmable transactions, and exposure to real-world assets, such as tokenized bonds, associated with GBP.
Overview
This token is the only GBP-pegged stablecoin issued by a company incorporated in UKFCA the United Kingdom. Through a robust and transparent backing mechanism, the token maintains its 1:1 peg to the British pound, aiming to achieve stability, redeemability, and regulatory compliance. The token is fully collateralized by fiat currency and HM short-term zero-coupon bonds issued by the Treasury. The token supports on-chain British pound payments, programmable transactions, and exposure to real-world assets, such as tokenized bonds, associated with GBP.
Team
Team information has not been disclosed.
Funding history
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