Regulated dollar and euro stablecoins backed by cash and reserve assets
US dollarCash & treasuriesRegulated issuer
Agant
UK-domiciled sterling stablecoin backed 1:1 with segregated GBP reserves across five chains
3.5/ 5
Our score
Good
Tickers
GBPA
Pegged to
British pound
Reserve reports
Reserves attested in segregated, bankruptcy-remote accounts
Regulated issuer
Yes
What is Agant?
Agant issues GBPA, a UK-domiciled stablecoin pegged 1:1 to the British pound sterling. The token is designed for corporate payments, treasury operations, on-chain settlement, and foreign exchange trading, operating natively across Ethereum, Base, Solana, Tempo, and Arc.
Founders and corporate structure
Agant Finance Limited is headquartered in London and was founded in 2024. Chief Executive Officer Andrew MacKenzie previously helped build a regulated deliverable foreign exchange firm. Chief Technology Officer Donovan Hare has an engineering background building institutional-scale platforms across regulated firms, and Chief Operating Officer Reuben Blamey brings experience in decentralized finance along with FX, commodities, and index derivatives trading. Chief Legal Officer Tom Rhodes, previously at the Bank of England and ClearBank, directs the firm's legal affairs.
Reserves and multi-chain architecture
GBPA is backed by sterling reserves held in segregated, bankruptcy-remote accounts. The issuer maintains ISO 27001 certification and provides attestations for its underlying fiat reserves. GBPA is issued across five networks: Ethereum, Base, Solana, Tempo, and Arc. Conversion between fiat sterling and digital tokens is managed through direct institutional integrations, including a partnership with banking platform Clear Junction Group to facilitate GBP clearing and on- and off-ramps.
Regulatory status and milestones
In February 2026, Agant Finance Limited became registered with the UK Financial Conduct Authority as a cryptoasset firm under the Money Laundering Regulations (FRN: 1037671). In March 2026, the company presented evidence on stablecoin regulatory standards to the House of Lords Financial Services Regulation Committee. The token launched commercially in June 2026, followed by integration onto Arc via Circle's StableFX rails in September 2026.
Risks and operational trade-offs
Holding GBPA involves counterparty reliance on Agant Finance Limited and its banking and custody partners to safeguard fiat reserves. Regulatory changes in the UK could alter reserve requirements or transaction compliance rules. Like other fiat-backed stablecoins, GBPA holders face smart-contract security risks on the blockchains where it circulates.
Founders
Andrew MacKenzieCEO & Co-Founder
Reuben BlameyCOO & Co-Founder
Donovan HareCTO & Co-Founder
Davie ClarkBlockchain Lead & Co-Founder
Best for:UK corporate treasuriesInstitutions settling on-chain sterlingCross-border payment processorsDecentralized FX market makers
Pros and cons
Pros
- Registered with the UK Financial Conduct Authority under the Money Laundering Regulations
- GBPA reserves are held in segregated, bankruptcy-remote accounts
- Supported across five blockchains including Solana, Ethereum, and Base
- Direct institutional clearing routes via Clear Junction
Cons
- GBPA recorded $1,155.01 in 24-hour trading volume on Arc
- Dependent on third-party commercial banks for reserve custody
Our review
3.5/5
Good
Agant delivers a UK-domiciled, multi-chain British pound stablecoin backed 1:1, with $1,155.01 in recorded 24-hour GBPA trading volume on Arc.
Agant issues GBPA, a sterling stablecoin designed for digital payments, institutional settlement, and foreign exchange trading. Domiciled in the United Kingdom, the issuer holds registration as a cryptoasset firm with the Financial Conduct Authority under the Money Laundering Regulations (FRN: 1037671). Each GBPA token is pegged 1:1 to the British pound, with reserves maintained in segregated, bankruptcy-remote accounts alongside ISO 27001 security standards.
GBPA operates natively across Ethereum, Base, Solana, Tempo, and Arc. Integrations with institutional partners, such as Clear Junction Group for fiat clearing, provide banking ramps to move between conventional bank accounts and tokenized sterling.
Operational constraints include:
- Secondary market trading volume and circulating supply remain low, with Arc recording 575.2K GBPA in supply and minor daily turnover.
Agant was founded in 2024 by Andrew MacKenzie, Donovan Hare, and Reuben Blamey. The leadership team combines backgrounds in regulated deliverable foreign exchange with platform engineering. Corporate treasuries and cross-border payment firms can use Agant to gain direct sterling exposure without intermediate dollar conversion.
Specs
| Tickers | GBPA · unverified |
|---|---|
| Pegged to | British pound · unverified |
| Regulated issuer | Yes · unverified |
| Licenses & charters | UK FCA Registered Cryptoasset Firm (MLR FRN: 1037671) · unverified |
| Chains | Ethereum, Base, Solana, Tempo, Arc · unverified |
| Reserve reports | Reserves attested in segregated, bankruptcy-remote accounts · unverified |
| Redemption terms | Redeemable 1:1 for GBP via bank accounts · unverified |
Not disclosed by the provider: Backing, Yield-bearing, Supply / market cap, Issuer can freeze tokens.
Data from the provider's website and public sources. Fees and availability change; confirm on the official site before you sign up.
Key features
Full sterling backing
Every GBPA token is backed 1:1 by British pounds kept in segregated, bankruptcy-remote reserve accounts.
Cross-chain availability
Tokens circulate natively across Ethereum, Base, Solana, Tempo, and Arc.
Direct fiat rails
Partnerships with institutions like Clear Junction enable direct conversion between commercial bank accounts and on-chain wallets.
Audited reserves
GBPA reserves are supported by attestations, and Agant is ISO 27001 certified.
StableFX integration
GBPA went live on Arc through Circle's StableFX infrastructure.
Inside Agant
GBPA
A fully backed sterling stablecoin redeemable 1:1 for British pounds across Ethereum, Base, Solana, Tempo, and Arc. It is intended for institutional payments, treasury management, and on-chain settlement.
On/off ramp infrastructure
An institutional fiat gateway built with partners like Clear Junction. It allows businesses to convert between conventional bank accounts and digital sterling.
User reviews
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FAQ
Who founded Agant?
Agant was founded in 2024 by Andrew MacKenzie, Donovan Hare, and Reuben Blamey. The team includes compliance and technical leaders previously at ClearBank, BVNK, and regulated deliverable foreign exchange firms.
What backs the GBPA stablecoin?
GBPA is backed 1:1 by British pound reserves. These reserves are held in segregated, bankruptcy-remote accounts and are supported by attestations.
Is Agant regulated in the UK?
Yes. Agant Finance Limited is registered as a cryptoasset firm with the UK Financial Conduct Authority under the Money Laundering Regulations (FRN: 1037671).
Which blockchains support GBPA?
GBPA is deployed across Ethereum, Base, Solana, Tempo, and Arc. GBPA is deployed across Ethereum, Base, Solana, Tempo, and Arc.
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