Partnership with tGBP.
21 May 2026, 13:32
📢 Partnership with tGBP
DIA deployed a Proof of Reserves oracle for tokenised GBP (tGBP), a top 5 non-USD stablecoin backed 1:1 by GBP reserves held with regulated UK banking partners.
What we built:
An oracle that prices tGBP from its actual reserve backing rather than from thin secondary market trades. When tGBP is fully backed, the feed reads 1.00. When reserves fall short, it discounts immediately and proportionally.
Why it matters:
tGBP has £20M in market cap but only £6M in monthly trading volume. Pricing from thin Coinbase and Kraken prints doesn't reflect the issuer's actual obligation, which is reserve adequacy.
This feed gives protocols the data they need to accept tGBP as institutional collateral. Reserve-backed pricing unlocks DeFi integration for regulated stablecoins.
The feed is live on Ethereum, with expansion planned to the five other chains where tGBP is deployed.
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