ISSUERS · UPDATED 7 OCT 2026

Who issues GBP stablecoins

4issuers with a GBP stablecoin live today
1FCA-registered issuer; none yet authorised under the 2027 regime
1announced, in the sandbox or applying

A listing here is not an endorsement. We check every issuer against the FCA Register and its own published reserves, and we earn nothing from any of them.How we verify issuers →

1

BCP Technologies

FCA registered
£20.0m89.8% of supply
COINStGBPGBP stablecoin
REGULATORTo confirm
RESERVESTo confirm
REDEMPTIONTo confirm
GBP supply£20.0m89.8% of GBP supply
CoinstGBP
RegulatorTo confirm
ReservesTo confirm
RedemptionTo confirm
BCP Technologies is registered with the FCA for cryptoasset activity.
2

Agant

London, UK
£1.9m8.5% of supply
COINSGBPAGBP stablecoin
REGULATORTo confirm
RESERVESTo confirm
REDEMPTIONTo confirm
GBP supply£1.9m8.5% of GBP supply
CoinsGBPA
RegulatorTo confirm
ReservesTo confirm
RedemptionTo confirm
Agant is not on the FCA Register for cryptoasset activity.
3

Mento

Protocol, no issuer
£0.2m1.1% of supply
COINSGBPMGBP stablecoin
REGULATORTo confirm
RESERVESTo confirm
REDEMPTIONTo confirm
GBP supply£0.2m1.1% of GBP supply
CoinsGBPM
RegulatorTo confirm
ReservesTo confirm
RedemptionTo confirm
Mento is not on the FCA Register for cryptoasset activity.
4

VNX

Vaduz, Liechtenstein
£0.1m0.6% of supply
COINSVGBPGBP stablecoin
REGULATORTo confirm
RESERVESTo confirm
REDEMPTIONTo confirm
GBP supply£0.1m0.6% of GBP supply
CoinsVGBP
RegulatorTo confirm
ReservesTo confirm
RedemptionTo confirm
VNX is not on the FCA Register for cryptoasset activity.

How we verify an issuer

Five checks, the same for every issuer. Nobody pays to be listed.

Regulator's register checked0 of 4
Reserve attestation published0 of 4
Contracts confirmed by the issuer0 of 4
Redemption terms published0 of 4
Onchain supply reconciles0 of 4
Full methodology →

Before you hold

Who actually owes me £1?

The issuer does, and only if you can redeem with it. Most people can't redeem directly; they sell on an exchange instead.

What backs the coin?

Cash and short-dated government debt, held apart from the issuer's own money. Check the latest attestation date on each profile.

What if the issuer fails?

Holders aren't covered by the FSCS. Under the 2027 regime, backing assets must be held on trust for holders, so recovery should be faster.

Is an EU-regulated coin safe for UK users?

It's supervised, but not by the FCA, and you have no access to the Financial Ombudsman if something goes wrong.

Full guide: are stablecoins safe? →