---
title: "Tokenised GBP (tGBP) Stablecoin Analytics"
canonical: "https://pharos.watch/stablecoin/tgbp-tokenised/"
description: "Build-time stablecoin profile for Tokenised GBP (tGBP). Live price, supply, peg, liquidity, and flow data are served by the Pharos API."
dateModified: "2026-05-18"
---



# Tokenised GBP (tGBP)

**Peg:** British Pound

**Backing:** Real-World Asset Backed

**Governance:** Centralized (CeFi)

**Status:** active

## Overview

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.

## 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

| Country | Regulator | License |
| --- | --- | --- |
| United Kingdom | FCA | Cryptoasset AML Registration (FRN: 928840) |

## Contracts

| Chain | Address | Decimals |
| --- | --- | --- |
| ethereum | `0x27f6c8289550fce67f6b50bed1f519966afe5287` | 18 |
| base | `0x27f6c8289550fce67f6b50bed1f519966afe5287` | 18 |
| bsc | `0x27f6c8289550fce67f6b50bed1f519966afe5287` | 18 |
| polygon | `0x27f6c8289550fce67f6b50bed1f519966afe5287` | 18 |
| avalanche | `0x27f6c8289550fce67f6b50bed1f519966afe5287` | 18 |
| solana | `2zMqyX4AYCk6mgy5UZ2S7zUaLxwERhK5WjqDzkPPbSpW` | 9 |

## Live Data

Real-time price, supply, peg score, liquidity, and flow data live at https://api.pharos.watch/api/stablecoin/tgbp-tokenised.