Agant launches GBPA on Arc

Agant's pound sterling stablecoin, GBPA, has gone live on Arc, a blockchain network built for stablecoin finance, payments and tokenised real-world assets.

The launch coincides with the introduction of Circle's StableFX, an on-chain foreign exchange infrastructure enabling 24/7 settlement between fully reserved stablecoins.

GBPA joins USDC and EURC on the network, making sterling one of the first major fiat currencies available through StableFX. The move expands access to on-chain settlement and foreign exchange capabilities for institutions operating in UK markets.

Arc's public mainnet launch follows a private rollout involving more than 100 ecosystem partners and institutional builders. The network is designed to support stablecoin and tokenised asset activity across treasury, collateral and settlement functions.

Commenting on the announcement, Agant CEO Andrew MacKenzie said: "We're really excited to be part of Arc's ecosystem to bring sterling on-chain through StableFX. Arc is a great foundation for innovation in institutional currency flows."