Tokenised GBP surpasses US$11 million in market capitalisation
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Tokenised GBP surpasses US$11 million in market capitalisation 03 March 2026UK Reporter: Tahlia Kraefft
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Tokenised GBP (tGBP), the pound-denominated digital stablecoin, has exceeded US$11 million in market capitalisation, and now ranks among the top 10 non-USD stablecoins globally by market capitalisation, according to the platform RWA.xyz.
The firm says the milestone in its growth trajectory demonstrates increased global demand for diversified fiat-backed digital assets and underscores market confidence in sterling-backed digital infrastructure.
Additionally, it says it signals growing appetite for non-USD stablecoin exposure across decentralised finance (DeFi), cross-border settlements, and institutional treasury operations.
Benoit Marzouk, CEO at tGBP, notes: “Crossing the US$10 million mark is an important validation of our strategy. There is a clear and growing demand for trusted, non-USD denominated stablecoins. As global markets look beyond dollar concentration, sterling-backed digital assets are becoming increasingly relevant.
“Sterling remains one of the world’s top five fiat currencies, recognised for its stability, deep liquidity, and longstanding credibility in global financial markets, further strengthening the case for GBP-denominated digital infrastructure.”
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