Description

Tokenised GBP (tGBP) is a fiat-backed stablecoin designed to bring the reliability and liquidity of the British Pound Sterling onto public blockchains. Issued by BCP Technologies Ltd, an FCA-registered entity, tGBP enables GBP-denominated transactions, settlements, and DeFi participation with institutional-grade transparency and compliance. Each tGBP token is fully backed by cash and short term UK government bonds. The project aims to provide a compliant, transparent, and efficient medium for on-chain GBP liquidity—serving as a foundation for real world assets, payments, and decentralized finance use cases. tGBP operates on multiple blockchain networks including Ethereum, Base, Avalanche, BNB Chain, Polygon, and Solana, ensuring interoperability and low-cost transfers. The stablecoin leverages the LayerZero OFT (Omnichain Fungible Token) standard, allowing seamless movement across supported chains without the need for wrapped tokens.