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London Block Exchange Launches First-Ever GBP-Backed Stablecoin

By tokenist.com on July 27, 2021


London Block Exchange has worked with AlphaPoint to launch the world’s first stablecoin pegged to the Great British Pound (GBP). The backing entails a one-to-one ratio where the funds are fully secured in an auditable, UK-based bank account.

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Related coins: Pound Sterling Token