Stablecoin pegged to British pound officially announced by Tether
plans to launch a stablecoin pegged to the British Pound Sterling, GBPt. Initially, the GBPt stablecoin, as always, will be available on the Ethereum blockchain. The coin will be released as early as next month, in July. After its launch, GBPt will join the Tether storefront, which already features such coins tied to such national currencies as USDt, EURt, MXNt and CNHt.
According to Tether CTO Paolo Ardoino, the launch of the GBP-pegged stablecoin appears to be in harmony with the United Kingdom's plans to become a global crypto hub and the widespread implementation of blockchain both in financial markets and in the lives of ordinary British people.The funny thing is that this news contains a lot of contradictions on both sides.
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