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