LONDON, Aug. 7, 2025 /PRNewswire/ — Wirex, a prominent player in the realm of Web3 payments and digital finance, has revealed the incorporation of tGBP, a fully backed on-chain representation of the British Pound Sterling, into its platform. This strategic development allows more than six million users across over 130 countries to engage with and transact using a regulated digital pound that is pegged to the fiat currency, issued by a UK-based firm registered with the Financial Conduct Authority (FCA).
Wirex Introduces tGBP, Offering Regulated Tokenized GBP to Millions
The addition of tGBP to the Wirex consumer application is part of a wider alliance that also encompasses infrastructure integration across Wirex Pay, the firm’s enterprise-grade non-custodial stablecoin and banking solution. "We are thrilled to collaborate with Wirex to make tGBP readily accessible to millions globally," expressed Benoit Marzouk, CEO of Tokenised GBP. "This integration not only enhances the global usability of tGBP but also propels our goal to deliver regulated, transparent, and practical stablecoin solutions for both businesses and consumers."
tGBP, accessible through TokenisedGBP.com, is maintained at a 1:1 ratio with GBP reserves, which are safeguarded by authorized custodians and supervised under strict operational and regulatory standards. Developed by a company registered with the FCA, tGBP fuses the reliability and compliance of traditional finance with the programmability and accessibility associated with Web3 technologies.
Enhancing Digital Currency Infrastructure with tGBP
"This collaboration with Tokenised GBP strengthens our commitment to establishing regulated and real-world-ready digital currency infrastructure," stated Daniel Rowlands, General Manager at Wirex Pay. "By incorporating tGBP into both our custodial and non-custodial platforms, we are creating innovative pathways for compliant, programmable GBP on-chain."
The integration of tGBP within the Wirex ecosystem brings several significant features:
- Direct Mint/Redeem Capability: Wirex now facilitates the native minting and redemption of tGBP, allowing for immediate and transparent conversions between GBP and its tokenized version, benefiting both individual users and businesses.
- Wirex Pay Integration: tGBP will soon function as a funding and payout option within Wirex Pay’s non-custodial business framework, which includes stablecoin-backed current accounts, corporate banking services, and Web3 Banking-as-a-Service (BaaS) solutions, such as card issuance and IBAN services.
- WirexPayChain Development: Later this year, tGBP will be natively integrated into WirexPayChain, a proprietary blockchain powered by Zero Knowledge (ZK) technology, designed for cost-effective and efficient stablecoin settlements.
- Card Issuance Initiative: Tokenised GBP and Wirex are also in discussions to launch a fully branded card program, allowing consumers and businesses globally to utilize tGBP-linked cards supported by Wirex Pay’s infrastructure.
For additional information regarding tGBP, please visit TokenisedGBP.com.
About Wirex Pay
Wirex Pay serves as a trailblazing 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 the way stablecoins are used for international transactions. Central to Wirex Pay is its ability to issue non-custodial Visa cards, enabling users to effortlessly spend their stablecoins at over 80 million merchants across more than 200 countries wherever Visa is accepted. By merging the dependability of Visa’s extensive payment network with blockchain innovation, Wirex Pay guarantees that users can conduct transactions with confidence and ease.
