Tether To Launch GBP₮, Tether Tokens Pegged to the British Pound Sterlingtether.to/en/tether-to-launch-gbpt-tether-tokens-pegged-to-the-british-pound-sterling/
10 sats \ 7 comments \ @cryptocoin 22 Jun 2022 bitcoin
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22 sats \ 0 replies \ @DarthCoin 22 Jun 2022
Please STOP with all these plethora of "stablecoins"! #26519
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26 sats \ 0 replies \ @LaserStack 22 Jun 2022
It's pegged to the GBP, until it isn't :D
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21 sats \ 0 replies \ @moel 22 Jun 2022
Why don't they launch an SDR currency ?
The SDR was created in 1969 as a virtual currency and an international reserve asset. Its value, set every day, is determined by a basket of currencies comprising the U.S. dollar (41.9 percent), the euro (37.4 percent), pound sterling (11.3 percent), and yen (9.4 percent).
https://www.weforum.org/agenda/2015/11/what-is-the-imfs-currency-basket/
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21 sats \ 0 replies \ @TheBTCManual 22 Jun 2022
Why the need for all these EURt, GBPT, MExT, we already have fiat and bitcoin, this just seems like stacking leverage on as tether desperately looks for new markets to secure fees and demand to cover their arses
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20 sats \ 0 replies \ @faithandcredit 22 Jun 2022
Tether adds GBP and UK removes KYC for non-custodial wallets. Seems like a good deal.
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20 sats \ 0 replies \ @nkmg1c_ventures 22 Jun 2022
The pound sterling has remained the strongest currency, London the original center of financial alchemy. Kind of surprised it's taken this long.
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0 sats \ 0 replies \ @cryptocoin OP 22 Jun 2022
Will be launching Tether tokens (“GBP₮”) pegged to the British Pound Sterling in early July. Initial blockchain support will include Ethereum.
GBP₮ will join four other fiat-currency pegged tokens Tether has in the market: the U.S. dollar-pegged USD₮, the Euro-pegged EUR₮, the offshore Chinese Yuan-pegged CNH₮, as well as the recently launched MXN₮, the Mexican Peso-pegged stablecoin.
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