Reserves stay local.
The regulated issuer and its custodians continue to hold and administer the underlying reserves.
Reward-bearing infrastructure for non-dollar stable assets. wstGBP is the first: sterling rewards, built for DeFi.
wstGBP brings issuer-backed sterling on-chain through a non-custodial wrapper with reward accounting and redemption mechanics.
The reward-bearing sterling primitive, native to Ethereum mainnet.
Visit wstGBP ↗The same infrastructure is being extended to additional local currencies.
A clear division of responsibility keeps reserve custody with the issuer while bringing reward accounting on-chain.
The regulated issuer and its custodians continue to hold and administer the underlying reserves.
Arb Capital develops the non-custodial wrapper that handles reward accounting and redemption mechanics.
The wrapped asset can be held and integrated on Ethereum while its exchange rate reflects accrued rewards.
Create new on-chain demand for your currency while expanding the infrastructure that can help support peg stability.