At Banco de Crédito del Perú (BCP), an employee paid for a coffee in the cafeteria using an internal token, GIFT, issued on Polygon, during a controlled test conducted in a limited operational environment and free of financial risk for users. According to data collected by Fireblocks (State of

The Peruvian Credit Bank (BCP) has initiated its first bank-originated cryptocurrency payment through a pilot program, allowing an employee to purchase coffee using a bank-issued token named GIFT. The pilot aims to explore the user experience with cryptocurrency technology.

BCP Technologies claims to have issued the first UK regulatory stablecoin, Tokenised GBP (tGBP), backed 1:1 by GBP reserves. This follows a 14-month review, aiming to simplify blockchain for GBP users amidst the growing stablecoin market.

BCP Technologies announced the launch of the FCA-regulated GBP stablecoin tGBP, which is backed 1:1 by cash and plans to be linked to government bonds. The CEO stated that the FCA's stablecoin regulatory concept will be validated, with target applications including cross-border payments, institutional management, and DeFi lending, aiming to become the main channel for GBP asset Settlement.