Tokenised GBP
What this is
Tokenised GBP, ticker TGBP, is a stablecoin designed to represent one British Pound Sterling as a digital token on a blockchain. It is issued by a firm registered with the UK Financial Conduct Authority and is intended for anyone who wants to make payments, execute programmable transactions, or access GBP-linked assets on-chain without leaving the pound sterling. The core claim it addresses is the absence of a regulated, UK-issued digital pound equivalent that can move natively across public blockchains.
Each TGBP token is meant to be backed one-to-one by fiat sterling or short-term zero coupon bonds issued by HM Treasury, meaning the collateral sits off-chain while the token itself circulates on-chain. The token is deployed across multiple networks including BNB Chain, Solana, Avalanche, Polygon, Gnosis Chain, and Arbitrum, allowing holders to transfer or use it in decentralised applications on any of those platforms. No consensus algorithm or block time is recorded in the available data, which reflects the fact that TGBP is a token layer sitting on top of those underlying blockchains rather than a standalone network.
The data provided contains no fee stream or revenue figures for TGBP, so there are no fee-based measures available on this page to report. The protocol's publicly stated model is full collateralisation rather than algorithmic issuance, meaning economic value is maintained through reserves rather than through protocol-collected fees. The 24-hour turnover ratio stands at 0.381941 of circulating supply, which describes trading activity relative to supply but does not itself represent a fee or revenue figure. Without a recorded fee structure, common protocol-economics metrics such as fee yield or revenue per token are not applicable here.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.
