Announcing Agant

This partnership combines Agant's goal of making GBP transactions safe and accessible onchain with Dfns' secure infrastructure for institutional wallets.

Bringing the Pound Sterling onchain

Agant is connecting traditional finance with digital assets via GBPA, a fully-backed stablecoin tied 1:1 to the British Pound. GBPA will give businesses, fintechs and developers an easy way to move, store, and settle GBP on blockchain networks, without the frictions and costs of traditional systems.

GBPA is built for global transactions, enabling seamless cross-border transfers while remaining compliant with UK regulations. The stablecoin will be backed by reserves held in secure accounts with trusted financial institutions, ensuring transparency and reliability. Agant is working closely with regulated partners, to regularly publish proof-of-reserves while adhering to strict UK regulatory standards. By focusing solely on GBP, GBPA is positioned as a key tool for digital asset trading and settlement, on-chain FX, retail applications and peer-to-peer transactions.

Agant's vision extends beyond issuing currency. The company aims to create a more open and accessible financial system for the internet, one that supports faster, cheaper cross-border transactions, expands financial access, and brings GBP into decentralized applications and protocols.

Why Dfns’ multichain wallet platform?

Managing stablecoin reserves requires exceptional levels of security, scalability, and operational flexibility. Agant chose Dfns for three core reasons:

1. Institutional-grade security: Dfns' MPC (Multi-Party Computation) architecture eliminates single points of failure by distributing cryptographic operations across secure environments. This ensures GBPA reserves are protected from external breaches and internal risks alike.
2. Compliance-first infrastructure: Dfns' Wallet-as-a-Service platform is built with regulatory requirements in mind. Features like transaction policies, user-level permissions, and real-time KYT checks and monitoring allow Agant to maintain full compliance while offering customers seamless GBP transactions onchain.
3. Operational simplicity and scale: With Dfns' API-first infrastructure, Agant can automate treasury workflows, from minting and burning GBPA to rebalancing reserves across networks. As demand grows, Dfns' multichain capabilities enable frictionless expansion to new blockchains and ecosystems.
4. Multichain support: Dfns connects to many blockchains, allowing GBPA to work smoothly across different EVM and non-EVM networks. Users can easily send, receive, and settle GBP-backed stablecoins on various blockchains without extra steps. This simplifies access to different ecosystems, helps find the best transaction routes, and makes cross-chain payments straightforward, without the hassle of managing multiple integrations.

Unlocking new possibilities for GBPA

The partnership between Agant and Dfns goes beyond technical integration. It’s about modernizing GBP payments for a digital economy. Together, we’re making it easier to:

• Send and receive GBP: Businesses can transfer GBPA with low fees and fast settlement.
• Access GBP liquidity: Fintechs can easily and safely access onchain GBP to serve new markets.
• Ensure transparent reserves: Users can trust GBPA, knowing reserves are secure and audited.

The stablecoin will be launched with a multi-chain strategy from the outset, ensuring broad compatibility across multiple blockchain networks. As digital assets go mainstream, stablecoins like GBPA will bridge traditional currencies with open financial applications. With Dfns' secure infrastructure and Agant's innovative solutions, the British pound is now blockchain-ready.

Learn more about Agant and GBPA here: agant.io/gbpa