Information • Vision • Safety
A research-led path to digital sterling.
eGBP Digital Sterling is exploring what a safe, transparent and interoperable UK digital pound could look like. We are not here to rush a product to market. We are here to do the careful work: understand the risks, build the right infrastructure and collaborate with those shaping the future of money in the UK.
Focus
Sterling-backed digital cash
A fiat-backed stablecoin concept, designed around everyday use: payments, treasury, settlement and on-chain finance.
Approach
Research before scale
We prototype, test and stress-test before we think about broad distribution or complex yield strategies.
Alignment
Part of a wider ecosystem
We follow and contribute to the UK digital pound conversation, engaging with peers, policymakers and industry.
How we think about a digital pound
A digital pound should feel as intuitive as cash, as reliable as a bank transfer and as flexible as modern digital infrastructure. For us, that means bringing together strong safeguards, clear transparency and real-world usability.
Backing & reserves
- • 1:1 backing with high-quality, liquid sterling assets.
- • Clear legal separation of client assets, held on trust where possible.
- • Simple, verifiable mechanics for minting and redemption.
Interoperability & networks
- • Built to live across multiple chains over time – not locked into a single network.
- • Designed to plug into existing wallets, DeFi protocols and payment flows where appropriate.
- • Long-term view: a composable building block for developers and institutions.
Risk, governance & regulation
A digital pound is not just a technical challenge—it's a governance and trust challenge. Our work focuses on designing structures that respect UK regulation, protect users and allow innovation to thrive.
Risk-aware by design
We explore conservative reserve models, clear asset segregation and robust operational processes as first-class design requirements.
Governance that can scale
From day one, we think about how decision-making, oversight and disclosure would need to evolve as usage grows.
Regulatory alignment
We track UK and international regulatory developments to ensure our research paths remain grounded, realistic and compliant with emerging frameworks.
Nothing on this site should be understood as financial, legal or investment advice. eGBP Digital Sterling is currently a research and prototyping initiative, not a live financial product.
Who we're building with
eGBP exists for people who believe the UK should have world-class digital money infrastructure – and who recognise that this requires patient, collaborative work.
Builders & developers
Engineers, product teams and protocol designers who want a reliable sterling-native building block for their apps or ecosystems.
Institutions & treasury teams
Firms exploring how tokenised sterling and digital assets can support payments, liquidity, settlement and new products.
Policymakers & researchers
People thinking deeply about the future of the UK's money system and how public and private initiatives can complement each other.
Stay close to the research
Explore the future of digital sterling with us.
We share progress, experiments and key learnings openly. If you're working on digital pound initiatives, tokenised assets or UK-focused digital infrastructure, we'd like to be in the same conversation.