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Kamino launches lending market for Tokenised GBP (tGBP) on Solana with crypto collateral options

Protocol Fundamentals
25 Sep 2026, 21:57 WIB
Tokenpost
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Bullish
Kamino launches lending market for Tokenised GBP (tGBP) on Solana with crypto collateral options

Kamino has introduced an isolated lending market for Tokenised GBP (tGBP) on the Solana blockchain, allowing users to supply or borrow tGBP and USDC using approved crypto assets like USDC, cbBTC, and JitoSOL as collateral. The market features specific loan-to-value ratios and is managed by Steakhouse Financial, ensuring risk and liquidity are separated from other Kamino markets. tGBP is a stablecoin pegged 1:1 to the British pound, backed by cash equivalents from BCP Technologies, which is regulated by the UK Financial Conduct Authority. This launch expands onchain credit markets for regulated assets, enabling UK institutions to use sterling stablecoins effectively on public blockchains. The market went live on September 23, 2026.

The launch of Kamino's sterling lending market for tGBP on Solana is presented here with Pluang's cryptocurrency market data as of Sep 26, 2026 01:51 WIB. Of 50 major cryptocurrencies priced on Pluang, 37 rose and 12 fell today. Notable movers include LINK at Rp247.861 with a 1-day change of +4.78% and Pluang order activity showing 21% Sell / 79% Buy, ENJ at Rp526 with +4.70% and 9% Sell / 91% Buy, and THETA at Rp4.157 with +4.66% and 13% Sell / 87% Buy. The highest buy activity is seen in ENJ with 91% buy orders.

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