What is eGBP?
eGBP is a fully collateralized stablecoin, meaning every issued token is backed 1:1 with GBP reserves. Using blockchain technology, eGBP enables instant, low-cost transactions while maintaining the stability of traditional currency. Whether for payments, remittances, or trading, eGBP ensures a seamless digital finance experience.
How It Maintains Stability
eGBP is a fully collateralized stablecoin, ensuring that every unit of eGBP in circulation is backed 1:1 by GBP reserves held in regulated financial institutions. This structure guarantees stability, transparency, and trust in every transaction.
To maintain its peg, eGBP employs a multi-layered stability mechanism:
Full GBP Reserves – Every eGBP token is backed by GBP held in safeguarded accounts, providing immediate redeemability at face value.
Regulatory Compliance – eGBP adheres to strict UK financial regulations, ensuring that reserve management meets the highest standards of auditability and oversight.
Programmable Stability – By leveraging smart contracts and on-chain transparency, eGBP minimizes counterparty risks and ensures smooth, automated issuance and redemption.
Yield-Generating Mechanism – A portion of reserves can be allocated to low-risk, regulatory-compliant yield strategies, ensuring capital efficiency while maintaining full backing.
On-Chain Monitoring & Audits – Real-time blockchain analytics and independent audits reinforce confidence in the reserve holdings and redemption mechanisms.
By combining transparent reserve management, automated smart contract execution, and regulatory oversight, eGBP provides a GBP stablecoin that is secure, predictable, and future-proofed for the evolving digital economy.