Coinbase has added support for tGBP, a pound-backed stablecoin, marking a further step toward expanding local-currency options in the crypto ecosystem.

The token, issued by BCP Technologies, became available on 22 April, allowing users to buy, sell, convert, and transfer the asset across Coinbase’s platform. 

The listing brings a GBP-denominated stablecoin to a global user base at a time when the UK is moving toward a more structured regulatory framework for digital assets.

tGBP expands access to GBP-denominated crypto

tGBP is designed to maintain a 1:1 peg with the British pound, offering users a way to transact and hold value on-chain without exposure to foreign exchange volatility.

The addition means UK users and international…