> For the complete documentation index, see [llms.txt](https://docs.dfx.finance/dfx-finance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.dfx.finance/dfx-finance/stablecoins/gbpt.md).

# GBPT

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**`Official Site:`** <https://poundtoken.io/>

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 <https://poundtoken.io/>

#### `Links:`

* [CoinGecko](https://www.coingecko.com/en/coins/poundtoken)
* [Etherscan](https://etherscan.io/token/0x86B4dBE5D203e634a12364C0e428fa242A3FbA98)