Need verifiable oracle data for your project?
DIA provides transparent, customizable price feeds across 50+ chains with fully auditable methodology.
4 stablecoins pegged to the pound sterling, from 4 issuers. Supply is read directly from the contracts DIA verified.
Stablecoin supply
FX turnover share
Reserve share
Trade invoicing share
FX turnover share is one side of a currency trade, so all currencies' shares sum to 200% by BIS convention. Reserve and invoicing shares are only published for a handful of currencies; a dash means that source does not break GBP out individually, not that its share is zero.
Change in the DeFiLlama circulating supply of the 4 of 4 GBP coins counted here. Both endpoints come from that source, so the dollar figure is a statement about it — not about the onchain supply DIA reads from the contracts, which is a different measurement of the same bloc. Coins that appeared part-way through a window are excluded, so this is supply added by coins that existed throughout rather than by the arrival of new ones.
| Coin | Issuer | Peg | Type | Onchain supply | Chains |
|---|---|---|---|---|---|
| BCP Technologies (Tokenised GBP) | GBP | Fiat-backed (non-USD) | 19.8M tGBP | ||
| Mento | GBP | Crypto-backed | 232.9K GBPm | ||
| VNX | GBP | Fiat-backed (non-USD) | 126.6K VGBP | ||
| ARYZE | GBP | Fiat-backed (non-USD) | Awaiting onchain sync |
Sterling is the clearest example on this map of a major currency with almost no stablecoin market. The pound is one of the most traded currencies in the world and the coins referencing it are few and small, from issuers with very different intentions.
The gap is not really about demand. It is about the absence, until recently, of a route to issue that a serious institution would take. The European Union built one with MiCA and a crowded euro field followed within two years. Sterling has not had that, and the roster below is what a currency looks like before its framework arrives.
Sources: Tokenised GBP, Companies House, BCP TECHNOLOGIES LTD, company number 11121448
tGBP is the coin with a real product surface behind it. It is issued by BCP Technologies Ltd, registered in England and Wales under company number 11121448 and incorporated in December 2017 under a previous name, and it is deployed as an omnichain token that carries the same address across its EVM chains.
The others are narrower. GBPm comes from a multi currency protocol rather than a sterling business, and VGBP and eGBP sit within wider tokenisation platforms where sterling is one line in a catalogue rather than the product.
So the practical answer for a reader looking for a sterling stablecoin is that there is one coin here with a business built around it, and the rest are sterling denominated entries in something else. That is worth knowing before treating the roster as a field of comparable options.
Sources: Tokenised GBP, Companies House, BCP TECHNOLOGIES LTD, company number 11121448
Sterling is where reading contracts rather than issuer summaries produced the sharpest result on this map.
When DIA read tGBP's deployments in July 2026, the contracts held far more than the figure the issuer's own transparency page reported, and that page also omitted two of the chains the issuer deploys to. The addresses we read were correct and the summary above them was not.
A second read of the same data is worth stating: a small number of addresses held the large majority of the supply, which describes a wholesale instrument rather than a retail one. Neither of those observations is available to anyone taking the issuer's headline figure at face value, and neither required anything more exotic than reading every deployment.
DIA does not restate a coin's regulatory status from a badge or a logo. Where an issuer describes a registration, we record it as the issuer's claim until we have retrieved the register entry and the permission class ourselves.
Sources: Tokenised GBP transparency page, FCA Financial Services Register search
Yes, though the field is small. tGBP, issued by BCP Technologies Ltd, is the coin with a business built around it. The others in this roster are sterling denominated entries inside wider multi currency platforms rather than sterling products in their own right.
Mostly because there has been no clear route to issue that an institution would take. The European Union created one with MiCA and a competitive euro field followed within two years. Sterling has not had an equivalent, and this roster is what a major currency looks like before its framework arrives.
Its issuer describes a registration. DIA reports that as the issuer's claim rather than as confirmed, because we have not retrieved the register entry and the permission class ourselves. Registration under money laundering regulations is not the same thing as authorisation to issue electronic money, and the two are easy to conflate.
More than its issuer's transparency page reported when DIA read the contracts in July 2026. DIA reads supply from contract state on the chains it indexes rather than taking an issuer summary, which is why the discrepancy was visible at all. That page also omits two chains which appear on the issuer's own homepage and carry live supply.