LONDON, Aug. 7, 2025 /PRNewswire/ — Wirex, a prominent player in the realm of Web3 payments and digital finance, has revealed the incorporation of tGBP—an on-chain digital representation of the British Pound Sterling that is fully backed by reserves—into its platform. This strategic move allows over six million users in more than 130 countries to engage with a regulated digital pound that is issued by a UK-based firm registered with the Financial Conduct Authority (FCA).
Wirex Integrates tGBP, Bringing Regulated Tokenised GBP to 6 Million Users
The introduction of tGBP within the Wirex consumer application is a component of a comprehensive partnership that includes enhancements throughout Wirex Pay, the company’s advanced non-custodial stablecoin and banking platform. "We are thrilled to collaborate with Wirex to enhance the accessibility of tGBP for millions around the globe," stated Benoit Marzouk, CEO of Tokenised GBP. "This integration not only broadens the global applicability of tGBP but also propels our objective of providing regulated, transparent, and practical stablecoin solutions for both businesses and consumers."
tGBP, available through TokenisedGBP.com, is securely backed on a 1:1 basis by GBP reserves maintained by authorized custodians, all under strict operational and regulatory supervision. As a product of a company registered with the UK Financial Conduct Authority, tGBP combines the trust and regulatory compliance of traditional finance with the flexibility and accessibility of Web3 technologies. "This alliance with Tokenised GBP strengthens our ambition to create a regulated and real-world-ready infrastructure for digital currencies," remarked Daniel Rowlands, General Manager at Wirex Pay. "By integrating tGBP across our custodial and non-custodial platforms, we are establishing new pathways for compliant and programmable GBP on-chain."
The incorporation of tGBP into the Wirex ecosystem unveils several significant features:
- Direct Mint/Redeem Integration: Wirex now facilitates the direct minting and redemption of tGBP, allowing for instant and transparent conversions between GBP and its tokenized version for both individual users and businesses.
- Wirex Pay Integration: tGBP will soon be utilized as a funding and payout option within Wirex Pay’s non-custodial business framework, which includes stablecoin-backed accounts, corporate banking solutions, and Web3 Banking-as-a-Service offerings such as card issuance and IBAN services.
- WirexPayChain Expansion: Later this year, tGBP is set to be natively supported on WirexPayChain, Wirex’s proprietary Layer 2 blockchain powered by zero-knowledge technology, which is designed for efficient and cost-effective stablecoin transactions.
- Card Issuance Collaboration: Tokenised GBP and Wirex are also considering the introduction of a fully branded card program, allowing consumers and businesses globally to utilize tGBP-linked cards that leverage Wirex Pay’s infrastructure.
For further details on tGBP, visit TokenisedGBP.com.
About Wirex Pay
Wirex Pay is an innovative stablecoin payment platform that connects blockchain advancements with practical real-world applications. Utilizing Zero Knowledge (ZK) technology, Wirex Pay offers unparalleled privacy, scalability, and efficiency, transforming how stablecoins are used for international transactions. Central to Wirex Pay is its capability to issue non-custodial Visa cards, enabling users to effortlessly spend their stablecoins at over 80 million merchants in more than 200 countries wherever Visa is accepted. By merging the dependability of Visa’s extensive payment network with blockchain innovation, Wirex Pay ensures that users can conduct transactions with both confidence and ease.
