Wirex, a global leader in Web3 payments and digital finance, has announced the integration of tGBP – a fully backed, on-chain representation of the British Pound Sterling – into its platform. This move enables over six million users across 130+ countries to access and transact with a regulated, fiat-pegged digital pound issued by a UK-based, FCA-registered cryptoasset firm.
The listing of tGBP in the Wirex consumer app is part of a broader partnership that includes infrastructure integration across Wirex Pay, the company’s enterprise-grade non-custodial stablecoin and banking platform.
“We’re excited to partner with Wirex to make tGBP easily accessible to millions of users worldwide,” said Benoit Marzouk, CEO of Tokenised GBP. “This integration not only expands the global utility of tGBP, but also accelerates our mission to bring regulated, transparent and practical stablecoin infrastructure to businesses and consumers.”
Catch more Fintech Insights : How Connectivity Streamlines Cash Operations
tGBP, available via TokenisedGBP.com, is backed 1:1 by GBP reserves held by authorised custodians and managed under rigorous operational and regulatory oversight. Issued by a firm registered with the UK Financial Conduct Authority (FCA), tGBP merges the trust and compliance of traditional finance with the programmability and accessibility of Web3.
“This partnership with Tokenised GBP reinforces our vision to build regulated, real-world-ready infrastructure for digital money,” said Daniel Rowlands, General Manager at Wirex Pay. “By integrating tGBP across both our custodial and non-custodial platforms, we are creating powerful new rails for compliant, programmable GBP on-chain.”
The integration of tGBP into the Wirex ecosystem introduces several key functionalities:
- Direct Mint/Redeem Integration: Wirex now supports native minting and redemption of tGBP, enabling instant and transparent conversions between GBP and its tokenised counterpart for both users and businesses.
- Wirex Pay Integration: tGBP will soon be available as a funding and payout method across Wirex Pay’s non-custodial business infrastructure, including:
- Stablecoin-backed current accounts
- Corporate banking services
- Web3 BaaS offerings (including card issuing and IBAN services)
- WirexPayChain Expansion: Later this year, tGBP will be natively supported on WirexPayChain, Wirex’s proprietary zk-powered Layer 2 blockchain designed for efficient, low-cost stablecoin settlements.
- Card Issuance Collaboration: Tokenised GBP and Wirex are also exploring the launch of a fully branded card programme, enabling consumers and businesses worldwide to use tGBP-linked cards powered by Wirex Pay’s infrastructure.
Read More on Fintech : Reinventing Identity Security in the Age of AI
[To share your insights with us, please write to psen@itechseries.com ]