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.