VNX British Pound (VGBP) stablecoin analytics
VGBP is VNX's Liechtenstein-licensed pound sterling stablecoin redeemable 1:1, backed by GBP cash in Swiss and Liechtenstein bank accounts.
Static Profile
Static stablecoin profile
VNX British Pound (VGBP) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg British Pound.
AI summary / Updated May 15, 2026
VNX's VGBP is on-chain British sterling on Base and Celo at 172K GBP circulating — a proof of concept that GBP can exist on-chain at all, under FMA TVTG licensing. VGBP occupies one of the emptiest niches in stablecoins: on-chain British sterling, where the competition is...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- GBP deposits held in bank accounts in Switzerland and Liechtenstein, confirmed 1:1 by Areva General Auditing and Trust Company Limited (December 2024)
- Peg Mechanism
- Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent GBP value
- Jurisdiction
- Liechtenstein / FMA / TVTG (Blockchain Act)
- Proof Of Reserves
- Independent Audit by AREVA General Auditing and Trust Company Limited Reserve source
Snippet Answer
Is VGBP safe?
Pharos does not mark VGBP as absolutely safe. Static metadata says VNX British Pound uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Independent Audit from AREVA General Auditing and Trust Company Limited; 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 vgbp-vnx
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 15, 2026.
VGBP quick answers
What is VNX British Pound (VGBP)?
VGBP is VNX's Liechtenstein-licensed pound sterling stablecoin redeemable 1:1, backed by GBP cash in Swiss and Liechtenstein bank accounts. The static profile records its British Pound peg mechanism as: Direct 1:1 redemption through VNX Commodities AG; tokens minted on demand for verified customers depositing equivalent GBP value
What backs VGBP?
Pharos classifies VGBP backing as Real-World Asset Backed. Collateral, per the static profile: GBP deposits held in bank accounts in Switzerland and Liechtenstein, confirmed 1:1 by Areva General Auditing and Trust Company Limited (December 2024) Reserve evidence: Independent Audit from AREVA General Auditing and Trust Company Limited.
Can VGBP 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 VGBP, when applicable, appear in the dossier below.