Tether has created a stablecoin pegged to the British pound. It will be available to buy from early July and is the fifth token linked to a fiat currency that the company has released.
Tether, the company behind several leading stablecoins, is planning to introduce a new token pegged to the British pound. The company has said that it will launch GBPT in early July with initial support for the Ethereum blockchain. The company chose to create GBPT because of recent decisions by the UK Treasury to make the country into a global crypto hub.
