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# GBPT
**`Official Site:`**
GBPT is the first regulated GBP stablecoin issuer in the British Isles.
[Poundtoken](https://poundtoken.io/) is the sole issuer of GBPT and is audited monthly by [KPMG](https://kpmg.com/xx/en/home.html).
Monthly assurance reports give holders of GBPT the peace of mind that their GBPT maintains its stable value.
Designed for stability, GBPT is 100% backed by GBP held in GBP-denominated bank accounts so that it’s always redeemable 1:1 for pounds sterling.
**`To mint/redeem:`** Visit
#### `Links:`
* [CoinGecko](https://www.coingecko.com/en/coins/poundtoken)
* [Etherscan](https://etherscan.io/token/0x86B4dBE5D203e634a12364C0e428fa242A3FbA98)
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