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Read our latest blog articles
Blog
Read our latest blog articles
The Complete Guide to Stablecoins
Stablecoins are set to have an ever greater presence in modern society. As a result, it’s important to have an understanding of the ...
The Growing GBPT Network
This helpful guide is an easy place to find and access our ongoing integrations and partnerships. It will be updated with more connections as they come.
What are Stablecoin Reserves?
An example would be that £10,000 of GBPT tokens have an equal £10,000 of Great British Pounds locked away in a secure place that they can be redeemed for. In this case, the reserves can be used to fulfil conversions to the original asset at any given time, as there are enough reserves to conduct this swap.
What it means for stablecoins to be ‘pegged’
The most common pegs are fiat currencies such as the US dollar, the Euro or GBP Sterling, but other assets, such as commodities like gold or oil, can be used. This is done so that even in the face of market volatility, the value of the stablecoin remains relatively stable.
Benefits of Stablecoins for Businesses: Explained
Increased speed, optimised price, and greater autonomy are among the significant benefits offered to those who choose to use stablecoins within business practices.
Benefits of Stablecoins for Consumers: Explained
From everyday purchases and engaging in entertainment, to entire countries retaining more of their wealth, stablecoin usage for retail consumers can provide a wide range of value propositions for the modern consumer.
Algorithmic Stablecoins: Explained
Algorithmic stablecoins are the most recent creation in the area of stablecoins. This type of stablecoin is reliant upon an algorithm that pegs itself to a physical currency.
Commodity-Backed Stablecoins: Explained
As their name suggests, commodity backed stable coins are collateralized with real world assets such as precious metals, real estate and oil.
Crypto-Backed Stablecoin Explained
Crypto backed stablecoins are a variety of stablecoins which collateralize crypto assets using an electronic vault system. Most commonly ‘Ethereum’ is the collateral used. ...
Fiat-Backed Stablecoins Explained
Fiat backed stablecoins are digital assets that maintain financial reserves in fiat currency held by regulated institutions such as banks. ...
The Complete Guide to Stablecoins
Stablecoins are set to have an ever greater presence in modern society. As a result, it’s important to have an understanding of the ...
The Complete Guide to Stablecoins
Stablecoins are set to have an ever greater presence in modern society. As a result, it’s important to have an understanding of the ...
The Growing GBPT Network
This helpful guide is an easy place to find and access our ongoing integrations and partnerships. It will be updated with more connections as they come.
What are Stablecoin Reserves?
An example would be that £10,000 of GBPT tokens have an equal £10,000 of Great British Pounds locked away in a secure place that they can be redeemed for. In this case, the reserves can be used to fulfil conversions to the original asset at any given time, as there are enough reserves to conduct this swap.
What it means for stablecoins to be ‘pegged’
The most common pegs are fiat currencies such as the US dollar, the Euro or GBP Sterling, but other assets, such as commodities like gold or oil, can be used. This is done so that even in the face of market volatility, the value of the stablecoin remains relatively stable.
Benefits of Stablecoins for Businesses: Explained
Increased speed, optimised price, and greater autonomy are among the significant benefits offered to those who choose to use stablecoins within business practices.
Benefits of Stablecoins for Consumers: Explained
From everyday purchases and engaging in entertainment, to entire countries retaining more of their wealth, stablecoin usage for retail consumers can provide a wide range of value propositions for the modern consumer.
Algorithmic Stablecoins: Explained
Algorithmic stablecoins are the most recent creation in the area of stablecoins. This type of stablecoin is reliant upon an algorithm that pegs itself to a physical currency.
Commodity-Backed Stablecoins: Explained
As their name suggests, commodity backed stable coins are collateralized with real world assets such as precious metals, real estate and oil.
Crypto-Backed Stablecoin Explained
Crypto backed stablecoins are a variety of stablecoins which collateralize crypto assets using an electronic vault system. Most commonly ‘Ethereum’ is the collateral used. ...
Fiat-Backed Stablecoins Explained
Fiat backed stablecoins are digital assets that maintain financial reserves in fiat currency held by regulated institutions such as banks. ...
The Complete Guide to Stablecoins
Stablecoins are set to have an ever greater presence in modern society. As a result, it’s important to have an understanding of the ...