Agant is a fintech firm that issues GBP-backed stablecoins, providing a digital currency pegged to the British Pound. This allows users to transact with a stable digital asset that maintains its value against the fiat currency.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional cross-border GBP transactions are slow and expensive, often burdened by fees of 5-7%. Existing digital asset solutions lack the stability and regulatory compliance required for widespread adoption in the UK.
Solution
Agant provides GBPA, a GBP-backed stablecoin built for fast, efficient, and low-cost digital transactions. GBPA is always redeemable 1:1 for GBP and is backed by cash and high-quality liquid assets (HQLA), aligning with proposed UK regulations. The stablecoin enables near-instant transfers of value across borders with minimal fees and is designed for 24/7 access across multiple blockchains. Agant aims to provide a compliant and secure foundation for on-chain financial services, allowing businesses to store and transact in GBP on-chain with trust and transparency.
Target Audience
Agant targets businesses and individuals seeking a stable, efficient, and compliant way to transact with GBP on-chain, including those involved in cross-border payments, digital asset trading, and decentralized finance (DeFi).
Features
- GBPA stablecoin pegged 1:1 to the British Pound (GBP)
- Backed by cash and high-quality liquid assets (HQLA)
- Fully audited and attested on-chain reserves
- Segregated client fund accounts for enhanced security
- Low-cost, near-instantaneous GBP transfers globally
- Compatibility across multiple blockchain networks
- Compliant with proposed UK stablecoin regulations