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As of Nov 12, 2026, Mento British Pound (GBPm) has a market cap of $214,245 across 2 chains, most of it on Monad ($85,484).
Stablecoin information
GBPm is a GBP-pegged synthetic stablecoin on Celo, part of the Mento Protocol. It is minted via Liquity v2-style CDPs: users deposit USDm as collateral and borrow GBPm against it.
Category:crypto-backed
Minting and Redemption
GBPm is minted by depositing collateral into a Mento CDP (trove) and borrowing GBPm against it. Repaying the borrowed GBPm closes or reduces the trove and releases the USDm collateral.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 100% | -4.68% | -7.44% | -36.04% | 85,484.07 | ||
| 0.00% | +2.47% | -6.23% | -24.73% | 75,985.23 |
