Tokenised GBP (tGBP) stablecoin analytics
tGBP is BCP Technologies' UK-FCA-registered pound stablecoin, redeemable 1:1 against GBP reserves and short UK government paper.
Static Profile
Static stablecoin profile
Tokenised GBP (tGBP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg British Pound.
AI summary / Updated May 18, 2026
tGBP is backed by GBP reserves held with regulated financial institutions and short-term UK government paper. The public reserve description supports bank/Gilt-style backing, while specific custodian attribution remains limited by issuer disclosure.
AI summary · drafted by codex-stablecoin-review · reviewed by Codex data review on May 18, 2026 · facts as of May 18, 2026
- Collateral
- Held 1:1 in GBP cash, GBP money market funds, and short-term UK gilts (zero-coupon Treasury bills) at regulated UK banking partners.
- Peg Mechanism
- Direct 1:1 redemption through BCP Technologies Ltd; clients deposit GBP off-chain and receive minted tGBP on-chain; redemption burns tokens and triggers fiat withdrawal
- Jurisdiction
- United Kingdom / FCA / Cryptoasset AML Registration (FRN: 928840)
- Proof Of Reserves
- Independent Audit by Launch Accounts (Joseph Murphy, ICAEW) Reserve source
Snippet Answer
Is tGBP safe?
Pharos does not mark tGBP as absolutely safe. Static metadata says Tokenised GBP uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from Launch Accounts (Joseph Murphy, ICAEW); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety tgbp-tokenised
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 18, 2026.
tGBP quick answers
What is Tokenised GBP (tGBP)?
tGBP is BCP Technologies' UK-FCA-registered pound stablecoin, redeemable 1:1 against GBP reserves and short UK government paper. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through BCP Technologies Ltd; clients deposit GBP off-chain and receive minted tGBP on-chain; redemption burns tokens and triggers fiat withdrawal
What backs tGBP?
Pharos classifies tGBP backing as Real-World Asset Backed. Collateral, per the static profile: Held 1:1 in GBP cash, GBP money market funds, and short-term UK gilts (zero-coupon Treasury bills) at regulated UK banking partners. Reserve evidence: Independent Audit from Launch Accounts (Joseph Murphy, ICAEW).
Can tGBP be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for tGBP, when applicable, appear in the dossier below.