LBX release GBP stablecoin with AlphaPoint

LBX release GBP stablecoin with AlphaPoint

The London Block Exchange released its GBP stablecoin pegged to the value of pound sterling in association with the AlphaPoint. The CEO of AlphaPoint stated, “By digitizing the pound, firms can now accept GBPP for purchases without needing to move into and out of fiat.” The GBP held with respective bank accounts are to be represented in equivalent GBPP tokens.

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