Tokenised GBP TGBP
Rank #737 by market cap
Last 7 days
CM Profile: Tokenised GBP
Cryptominium Profile. What we have established, measured and written about TGBP, and what we have not.
- Measured
- Selling $100,000 of TGBP on Base returned 1.0% less than the quoted price, on 21 October 2026.
- Selling $100,000 of TGBP on Ethereum returned 1.8% less than the quoted price, on 21 October 2026.
- Selling $100,000 of TGBP on BNB Chain returned 73.6% less than the quoted price, on 21 October 2026.
- Its price, recorded by us every day since 1 October 2026.
- Written, with sources
Read from our own records when this page was made. It describes what we know, and is not a view on whether to hold TGBP. How each part is worked out
What changed
Week to 22 OctoberNothing we measure moved much this week: trading volume and price are all within their usual range.
From our own measurements only, each against the month before. We do not say why a price moves. How this is worked out · Every coin this week
What it actually costs to sell TGBP
Selling $100,000 of TGBP returned 1.0% less than the quoted price — Workable. Measured 2026-10-21 on Base.
What Tokenised GBP is
TGBP is a stablecoin pegged 1:1 to the British Pound Sterling, issued by a firm registered with the UK's Financial Conduct Authority. It is described as the first such GBP-pegged token issued by an FCA-registered entity.
The peg is maintained through full collateralisation: reserves are held in fiat and short-term zero coupon bonds issued by HM Treasury. This backing is intended to support stability, redeemability, and regulatory compliance. Beyond use as a payment instrument, TGBP is positioned to enable on-chain sterling transactions, programmable payments, and exposure to GBP-linked real-world assets such as tokenised bonds.
TGBP is a stablecoin, not a yield-bearing instrument or an investment product in itself — any return comes from the underlying collateral, not the token held by a user. Regulatory registration with the FCA is a statement about the issuer's status, not a guarantee of the peg's performance; a fiat and bond-backed reserve still depends on the issuer's solvency, custody arrangements, and redemption process, none of which are detailed here. The token is deployed across eight networks, including Ethereum, Solana, BNB Chain, Avalanche, Polygon, Arbitrum, Base and Gnosis Chain, which spreads it across differing security and bridging assumptions on each. No information is given here on audit history, reserve attestations, redemption limits, or the entity's track record, and none should be assumed.
Where TGBP lives
On Solana, a mint authority can create more of the token and a freeze authority can freeze it in a holder's account; both are read from the token itself, every day. On Ethereum, Base and BNB Chain, GoPlus's analysis of each contract is read weekly: whether it has a function to block addresses or pause transfers, and whether an owner holds it. That is GoPlus's reading, not ours. Where a token exists on several chains, one copy's settings say nothing about the original coin.
Always verify a contract address against the project's own site before sending anything. Addresses are shown as published by CoinGecko, not as an endorsement — and identical-looking tokens on other chains are the most common way people lose money here.
Price change
Tokenised GBP data synced 27s ago from CoinGecko. Figures shown in USD. This page is market information, not financial advice — and nothing here is a recommendation to buy or sell TGBP.