BTCC / BTCC Square / CoindeskEN /
BCP Technologies Drops Sterling-Backed Stablecoin—Because the UK Economy Needed More Digital Irony

BCP Technologies Drops Sterling-Backed Stablecoin—Because the UK Economy Needed More Digital Irony

Author:
CoindeskEN
Published:
2025-06-03 13:40:47
6
2

British Pound-Linked Stablecoin Unveiled at BCP Technologies

London’s BCP Technologies just launched a GBP-pegged stablecoin—proving blockchain will tokenize anything, even Brexit-battered sterling.

Move over Tether: The new ’BritCoin’ promises 1:1 pound reserves. Because nothing says ’stable’ like a currency that lost 20% against the dollar since 2016.

City analysts whisper this could bypass SWIFT for Commonwealth trade. TradFi banks already drafting complaint letters to the FCA.

Final thought: If a stablecoin crashes in Westminster, does it make a sound?

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users