UK Banks Complete First Live Tokenized Sterling Deposit Payments

Major UK banks have completed the first live customer transactions using tokenized sterling deposits on shared infrastructure. Participants include Barclays, HSBC UK, Lloyds Banking Group, Monzo, Nationwide, NatWest and Santander. The project is using real commercial-bank money and is testing payments including person-to-person transfers and remortgage transactions. **ID:** B25-09 **Site:** Bitcoinist **Status:** READY **Author:** Bitcoinist […]

Kamino Brings Sterling Lending Onchain With tGBP Market

TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to […]