Convert Tether to Monerium GBP emoney (USDTGBPe)

Swap USDT on Ethereum to GBPe on Gnosis Chain — no bridges, no delays. Powered by NEAR Intents.

Swap USDT to GBPe

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USDT to GBPe rate today

1 USDT0.7405 GBPe and 1 GBPe1.35 USDT, based on market prices at 2026-09-22 09:42 UTC. The quote in the widget above is what you actually receive, fees included.

TokenPrice24h
Tether (USDT)$0.9997+0.00%
Monerium GBP emoney (GBPe)$1.35+0.00%

How to convert Tether to Monerium GBP emoney

Converting USDT to GBPe on NEAR Mobile Swap is done in three simple steps through the NEAR Intents protocol: Deposit, Swap, and Withdraw.

Step 1 — Deposit USDT from Ethereum
Go to the Deposit tab and select Tether (USDT) on Ethereum. The widget will generate a deposit address (or QR code) — send your USDT there from any wallet. Once the deposit is confirmed on Ethereum, your USDT balance appears inside NEAR Intents.

Step 2 — Swap USDT to GBPe on NEAR Intents
Switch to the Swap tab, pick USDT as the source and GBPe as the target. Enter the amount and confirm — solvers compete to fill your order and the swap settles in seconds.

Step 3 — Withdraw GBPe to Gnosis Chain
Finally, go to the Withdraw tab. Select Monerium GBP emoney (GBPe) from your NEAR Intents balance and choose Gnosis Chain as the destination. Enter an address from any EVM wallet such as MetaMask or Rabby and confirm.

⚠ Important: When entering a withdrawal address, make sure it is a personal wallet you control. Some centralized exchanges do not support receiving funds from smart-contract-based deposits — sending to an exchange address may result in lost funds.

About the USDTGBPe swap

This is a cross-chain swap: your USDT leaves Ethereum and GBPe arrives on Gnosis Chain. Normally that takes a bridge plus a DEX, or a centralized exchange account. With NEAR Intents the deposit, swap and withdrawal happen in one flow, and what lands in your wallet is GBPe on Gnosis Chain, not a wrapped copy you have to bridge again.

USDT tracks the US dollar and GBPe tracks the British pound, so this swap is effectively an on-chain currency exchange: the rate follows the USD/GBP exchange rate rather than crypto markets.

About Tether and Monerium GBP emoney

What is Tether (USDT)?

Tether (USDT) is a stablecoin designed to hold a value of one US dollar, issued by the company Tether since 2014. Having started on Bitcoin's Omni Layer, it has since expanded to many blockchains, including Ethereum, TRON, Solana and others.

Type
Fiat-backed stablecoin
Launched
2014
Consensus
Inherits the consensus of each host blockchain
Max supply
No fixed cap (minted and redeemed on demand)
Swap network
Ethereum
Sector (Messari)
Stablecoins

How Tether works

Tether creates new USDT when verified customers deposit dollars and redeems tokens for dollars when they are returned, so the supply follows demand. The company reports holding reserve assets, mainly US Treasury bills and cash equivalents, to back the tokens in circulation and publishes periodic attestations of those reserves.

What USDT is used for

Traders use USDT to park funds between trades and as a quote currency on exchanges around the world. It is also common for cross-border payments and for saving in dollars in places with volatile local currencies.

USDT supply

There is no fixed supply: tokens are minted when dollars come in and burned when they are redeemed. The goal is for each USDT to be backed by reserves worth at least one dollar.

Before you swap USDT

USDT exists on many networks, and the swap widget defaults to the Ethereum version, so confirm the selected network matches the chain of your wallet before sending or receiving. Sending USDT over the wrong network can make funds difficult or impossible to recover.

What is Monerium GBP emoney (GBPe)?

GBPe is the pound sterling counterpart to Monerium's euro token, issued by the Icelandic electronic money institution that holds an e-money licence covering the EEA, UK and Switzerland. It lives primarily on Gnosis Chain, where it supports sterling spending through Gnosis Pay cards.

Type
Pound sterling e-money token
Launched
2019
Consensus
Runs on Gnosis Chain
Max supply
No fixed cap (1:1 GBP-backed)
Swap network
Gnosis Chain

How Monerium GBP emoney works

Monerium creates GBPe when pounds are received into a user's linked account and destroys tokens that are redeemed, returning sterling to the bank. Each unit is a legal e-money claim on Monerium backed one-to-one by segregated GBP reserves; the listing uses the V2 contract introduced during Monerium's token upgrade.

What GBPe is used for

UK-based users hold GBPe to spend in pounds with a Gnosis Pay card or to send sterling on-chain without touching dollar stablecoins. Some DeFi users also swap it against EURe or USD tokens for currency exposure.

GBPe supply

Supply is uncapped and mirrors the sterling held by Monerium, rising with issuance and shrinking with redemptions.

Before you swap GBPe

GBPe moves on Gnosis Chain here, with xDAI needed for any later transactions. It is pegged to the pound, and on-chain liquidity is modest compared with major dollar stablecoins, so larger swaps may see more price impact.

Looking for the reverse?Convert GBPe to USDT

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USDT to GBPe: frequently asked questions

What to know before swapping Tether for Monerium GBP emoney

Deposit USDT from Ethereum into NEAR Intents, swap it for GBPe, then withdraw GBPe to your wallet on Gnosis Chain. The widget on this page walks you through all three steps and shows the exact amount you will receive before you confirm.