Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. The Great British pound sterling has ...

Crypto platform Tether said Wednesday it will launch a token pegged to Britain's pound sterling. Trading of the 1:1 pegged stablecoin is expected to begin in July on the Ethereum blockchain.

GBPT, Tether’s new stablecoin pegged to the British pound sterling, joins a family of four fiat stablecoins, including USDT, EURT, CNHT and MXNT.