Introducing tokenised GBP „tGBP” a stablecoin pegged 1:1 to the British Pound. tGBP combines the benefits of blockchain technology with the stability of a traditional fiat currency, offering a reliable and efficient way to transact in GBP globally. 100,050.00 tGBP in circulation 4 June 2025 at 06:58:11.
BCP Technologies, a United Kingdom-registered cryptocurrency firm, has launched a new British pound-backed stablecoin called Tokenised GBP (tGBP), according to Cointelegraph.
TGBP is now live on BCP Technologies-operated crypto trading platform, BCP Markets, and is available to customers who pass Know Your Customer checks, with major exchanges expected to list tGBP in the coming weeks.
According to BCP Technologies’s CEO, Benoit Marzouk, the company is in a unique situation where tGBP might be considered a “live proof-of-concept for future FCA stablecoin regulation.”
The launch follows a 14-month submission process as a new product in the FCA Connect and a one-month review in the FCA regulatory sandbox.
Tokenised GBP is a digital currency built on the Ethereum blockchain and backed 1:1 by GBP reserves held in regulated financial institutions or backed by short term maturity U.K. government papers as outlined in the FCA’s discussion paper. Each tGBP token represents a claim on the underlying GBP reserves, ensuring stability and transparency.
Banking 4.0 – „how was the experience for you”
„To be honest I think that Sinaia, your conference, is much better then Davos.”
Many more interesting quotes in the video below:
