VNX British Pound · VGBP

The fourth most-traded
currency in the world.

A regulated stablecoin fully backed 1:1 by pound sterling — one of the world’s five reserve currencies, moved in real time across major blockchains.

01 · WHY POUND STERLING

Sterling is a pillar of the global financial system.

A GBP share of global FX turnover

Sterling moves roughly $1 trillion a day.

The pound is on one side of about 13% of global FX trades — the fourth-most-traded currency, behind only the dollar, euro and yen. That liquidity is why treasuries, clearing houses and central banks treat sterling as a default reserve.

B Foreign exchange reserves
5% of global FX reserves held in GBP

Central banks hold about $670 billion in sterling — the fourth-largest slice of allocated reserves after the dollar, euro and yen. Only four currencies sit above it in the IMF COFER league table.

C Banking heritage
330 years of the Bank of England

Founded in 1694, the Bank of England is the world’s second-oldest central bank. Three centuries of legal precedent, common-law contract enforcement and deep capital markets have made London a primary venue for cross-border finance.

D Settlement venue
38% of global FX trading routed via London

More foreign-exchange turnover passes through London than through New York, Singapore and Hong Kong combined. Sterling infrastructure — CHAPS, LCH, LSE — underwrites a large share of the world’s cross-border payments.

04 · GET STARTED

From onboarding to your first VGBP in minutes.

  1. 01

    Open an account

    Institutional onboarding with KYB, UBO checks and sanctions screening. Typically 1–3 business days.

  2. 02

    Fund in GBP

    Send a transfer in pounds to your segregated reserve account. VGBP is minted 1:1 to the wallet of your choice.

  3. 03

    Redeem anytime

    Return VGBP to the contract address to burn tokens and receive GBP back at your bank.