Tokenised GBP
tGBP #1 GBPDaily traded volume, all venues. Source: our own reads.
Markets
13 markets · 8 chains| # | Market | Pair | Spread | 24h volume | Share | UK status |
|---|---|---|---|---|---|---|
| 1 |  CoinbaseExchange |
tGBP / USDC | 0.02% | £71,460 | 49.3% | FCA registered |
| 2 |  AerodromeBase |
tGBP / USDC | 0.10% | £21,269 | 14.7% | Onchain pool |
| 3 |  OrcaSolana |
tGBP / USDC | — | £19,007 | 13.1% | Onchain pool |
| 4 |  KrakenExchange |
tGBP / USD | 0.01% | £17,482 | 12.1% | FCA registered |
| 5 |  PancakeSwap v3BNB Chain |
tGBP / USDC | 0.10% | £4,633 | 3.2% | Onchain pool |
| 6 |  Uniswap v3Ethereum |
tGBP / USDC | 0.10% | £4,237 | 2.9% | Onchain pool |
CoinbaseExchange · tGBP / USDCFCA registeredBuy £1.0001 · Sell £0.9999 · order book
AerodromeBase pool · tGBP / USDCBuy £1.0002 · Sell £0.9992 · £1,000 swap
OrcaSolana pool · tGBP / USDCKrakenExchange · tGBP / USDFCA registeredBuy £1.0001 · Sell £1.0001 · order book
PancakeSwap v3BNB Chain pool · tGBP / USDCBuy £1.0015 · Sell £1.0005 · £1,000 swap
Uniswap v3Ethereum pool · tGBP / USDCBuy £1.0008 · Sell £0.9998 · £1,000 swap
Source: our own reads, 7 Oct 2026. Spreads from exchange order books.
All 13 markets →About tGBP
What is it?
A digital pound on public blockchains. Each tGBP is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each tGBP, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong?
It loses its £1 peg. Prices can fall below £1 if markets doubt the backing. tGBP's widest move in 90 days was 0.31%.
The issuer fails. Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access. Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax. Disposals can trigger capital gains tax, even on a pound-pegged coin.
About
What tGBP is, in three answers
What is it?
A digital pound on public blockchains. Each tGBP is meant to be worth exactly £1 and can move between wallets in seconds.
What backs it?
Check the issuer's latest attestation for what backs each tGBP, and how often it is published.
How do I get pounds back?
Redeem with the issuer for GBP, or sell on an exchange. Exchange prices can drift slightly from £1.
What could go wrong
It loses its £1 peg
Prices can fall below £1 if markets doubt the backing. tGBP's widest move in 90 days was 0.31%.
The issuer fails
Not covered by the FSCS. Your claim depends on how the reserves are held.
You lose access
Lost keys or a failed app can mean lost coins. No password reset onchain.
Tax
Disposals can trigger capital gains tax, even on a pound-pegged coin.