Tokenised GBP

Tokenised GBP, ticker TGBP, is a stablecoin designed to maintain a one-to-one peg with the British Pound Sterling and issued by a firm registered with the UK Financial Conduct Authority. It is intended for anyone who wants to hold, transfer, or program payments in sterling on a blockchain without converting into a non-GBP asset. The project claims to address the absence of a regulated, pound-denominated digital token for on-chain sterling transactions and exposure to GBP-linked real-world assets such as tokenised bonds.

Each TGBP token is fully collateralised by fiat currency and short-term zero coupon bonds issued by HM Treasury, meaning the backing is held in traditional financial instruments rather than crypto assets. The token operates across multiple blockchain networks including BNB Chain, Solana, Avalanche, Polygon, Gnosis Chain, and Arbitrum, allowing it to settle on whichever chain a user or application requires. No consensus algorithm or block time is stored for this asset because TGBP itself is not a base-layer blockchain; it inherits the settlement properties of whichever host network it runs on.

The data stored for this asset contains no fee stream, revenue figures, or protocol earnings, so fee-based measures that this site calculates for other assets are not applicable here. What the data does show is a circulating stablecoin supply of 26,932,126.59 USD equivalent at the point in time recorded, a 30-day supply change of negative 21.995461 percent, and a 24-hour turnover ratio of 0.375168, which reflects trading volume relative to market size. The dilution overhang is 0.0 percent and the fully diluted value to market cap ratio is 1.0, both point-in-time figures indicating that all issued supply is already in circulation and no additional tokens are queued.