What is PGBP? π¬π§
PGBP is a GBP stablecoin on Ethereum (ERC-20). Sterling that moves and settles on-chain, around the clock. Built in the UK for on-chain payments and settlement.
π How it works: https://t.co/r2X6PnpUKy
π¬ Community: https://t.co/sKiPKmyPra
β Official X: @pgbpio
β οΈ Avoid scams. The only official PGBP token contract is:
0x5239c659A13f043358D551360C3b8FF1251d76D9
We will never DM you first, and we will never ask for your seed phrase or private keys.
PGBP is designed to be released only against sterling actually received, held 1:1 at a UK-regulated institution.
No credit creation. No lending out the float. Tokens move when real money arrives.
How it works: https://t.co/PWe1TgPFtK
#PGBP#Stablecoin#RWA#Sterling
If your costs are in sterling, holding treasury in a dollar stablecoin means carrying FX risk you never asked for.
UK and Web3 businesses should be able to hold on-chain value in their own currency.
Onboarding info: https://t.co/Ng2WKt1aJr
#Web3#Fintech#PoundSterling #Payments
Total supply of PGBP: 299,999,995 tokens. Minting is permanently disabled at the contract level.
That number cannot go up. Not by us, not by anyone.
Priority updates and B2B onboarding info: https://t.co/pJFkkaGDKx
#PGBP#ERC20#Tokenization#GBP
Most stablecoin value in circulation is denominated in US dollars. Sterling barely registers on-chain.
For a currency of that scale, it is a gap worth closing.
Priority updates and onboarding info: https://t.co/j0jgW00z3w
#Stablecoin#Sterling#OnChain
PGBP's contract is immutable. No mint function. No pause. No blacklist. No upgrade path.
Nobody β including us β can alter the rules after deployment. That is the design.
Live and verified on Ethereum: https://t.co/r2eMYmGTfe
#PGBP#Ethereum#ERC20#Sterling
Routing a GBP payment through a USD stablecoin means paying the FX round trip twice β spread, slippage, and unwanted USD exposure.
Sterling flows should settle in sterling.
Priority updates & B2B onboarding info β https://t.co/j0jgW001dY
#Stablecoin#GBP#Payments#OnChain
We're building PGBP in the open. π¬π§
β Smart-contract layer: live and verified
π οΈ Banking, reserves and redemption: being established through 2026
We document what's true today and what's coming, honestly.
Follow the journey β https://t.co/r2X6PnpUKy
#BuildInPublic #Stablecoin #Web3 #Crypto #Fintech
Transparency you can verify yourself.
Every PGBP quarterly report will have its SHA-256 hash recorded on Ethereum, so anyone can confirm the document they hold is the unaltered original.
Proof, not press releases.
#Transparency#Stablecoin#Ethereum#RWA#Web3
The PGBP model in one line:
Released into circulation only against received GBP. Designed to be backed 1:1 by segregated reserves at a UK-regulated institution.
Redemption = burning PGBP on-chain. Supply only ever shrinks.
#Stablecoin#GBP#Sterling#DeFi#RWA
What can't PGBP do?
β Mint new tokens
β Pause transfers
β Blacklist a wallet
β Upgrade itself
The contract was fixed at deployment and is verifiable forever. Trust through code, not promises. π
#Stablecoin#Ethereum#ERC20#DeFi#Web3
299,999,995 PGBP.
That's the maximum supply. Forever.
Minting is permanently disabled. The supply was minted once and can only ever decrease. No hidden inflation, no surprise issuance.
#Stablecoin#Crypto#GBP#Ethereum#OnChain
Built for serious counterparties.
PGBP gives OTC desks, fintechs and Web3 treasuries a GBP leg on-chain, the settlement finality of Ethereum, denominated in sterling.
On-chain GBP rails for UK business. π¬π§
#Fintech#Stablecoin#OTC#UKFintech#Web3