Blog

Read our latest blog articles

Blog

Read our latest blog articles

2023-02-22T16:20:04+00:00

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.

2023-02-22T16:34:16+00:00

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.

2023-02-22T16:20:04+00:00

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.

Get the latest poundtoken blog articles in your inbox

By submitting this form, you agree to receive marketing and other communications from poundtoken. You can unsubscribe from these communications at any time. For more information on our privacy practices, please review our Privacy Policy.

Let’s get started

Register your business to become a poundtoken partner and issue GBPT.