Coinbase lists tGBP, the primary GBP-backed stablecoin on its platform. Brian Armstrong calls stablecoins the perfect type of cash.
Coinbase has listed tGBP, marking its first GBP-backed stablecoin on the platform.
Brian Armstrong, Coinbase CEO, took to X to share his ideas. He referred to as stablecoins “the perfect type of cash.” His feedback got here alongside the broader UK-focused announcement from Coinbase UK.
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Brian Armstrong Backs Stablecoins because the Way forward for Cash
Armstrong’s assertion sparked debate on-line. Bitcoin supporters have been fast to level out a contradiction.
In July 2025, Armstrong had referred to as Bitcoin “the perfect type of cash ever created.” His newest remarks shifted focus to stablecoins, drawing pushback from components of the crypto neighborhood.
The distinction highlighted ongoing tensions between stablecoin utility and Bitcoin’s core worth proposition. Stablecoin advocates level to on a regular basis usability.
Bitcoin supporters argue that shortage units it aside. The controversy displays broader divisions inside the crypto house.
Armstrong didn’t deal with the obvious shift in his stance. His feedback centered on stablecoins’ rising function in international funds. He linked the tGBP launch to that bigger development.
Stablecoins are the perfect type of cash; they’re coming to the UK. https://t.co/dZvkD2u5Go
— Brian Armstrong (@brian_armstrong) April 22, 2026
tGBP Goals to Deliver the British Pound Onchain
Coinbase UK described the launch as a part of its mission to carry the UK onchain.
The platform mentioned tGBP offers customers entry to British pound-denominated digital belongings. This removes the necessity to convert between GBP and USD-pegged stablecoins. That cuts down on overseas alternate dangers for UK customers.
The issuer behind tGBP is BCP Applied sciences. The corporate holds registration with the Monetary Conduct Authority. It additionally participated within the FCA’s regulatory sandbox, in keeping with the announcement.
Customers within the UK and different supported areas can now purchase, promote, convert, ship, and obtain tGBP. The token is accessible on the Coinbase app and Coinbase Alternate.
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Coinbase Requires Supportive UK Stablecoin Regulation
Coinbase used the announcement to push for friendlier regulation within the UK.
The corporate outlined a number of considerations. It warned towards excessive reserve necessities for stablecoin issuers. It additionally opposed caps on stablecoin issuance, calling them a restrict on innovation.
Coinbase additional argued that stablecoins ought to function settlement belongings in tokenized wholesale markets. It mentioned this could apply past sandbox environments.
The corporate framed these factors as needed for the UK to guide in digital finance.
The stablecoin market has grown to over $300 billion in complete market cap. In 2025, stablecoins settled over $30 trillion in transactions. Coinbase cited these figures to assist its case for fewer restrictions.