Agant is set to launch GBPA, a stablecoin pegged to the British pound, to meet the growing demand for regulated digital currency solutions in the UK. With over 6 million individuals and 32% of UK institutions already active in digital assets, GBPA aims to provide a reliable, regulated GBP settlement asset in the digital space. Agant has taken a compliance-first approach and is engaging with UK regulators, including the Financial Conduct Authority and the Bank of England. The stablecoin will be backed 1:1 by a combination of cash and high-quality liquid assets and will utilize LayerZero for cross-chain functionality. GBPA's potential applications include revolutionizing the UK's remittance market, which currently incurs significant fees and long processing times. Agant plans to expand its offerings in the future and maintains a strong commitment to regulatory compliance. The launch of GBPA represents a significant step in bridging traditional finance with digital assets in the UK.



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