VNX British Pound

VGBP (VNX British Pound) presents a polarized profile typical of institutional-grade stablecoins: it excels in safety and compliance while lagging in open-source ecosystem metrics. The weighted score of 6.32 is primarily driven by exceptional ratings in Security (9.5/10) and Team & Governance (9/10), reflecting its status as a regulated entity under the Liechtenstein Blockchain Act with transparent 1:1 fiat backing. These factors drastically reduce solvency risks. However, the evaluation is constrained by low scores in Active Development (2.5/10) and Community Support (3.5/10), stemming from its centralized, closed-source nature and niche user base (~724 holders). While the project successfully addresses the 'trust' issue in the stablecoin market and operates across multiple blockchains, its low liquidity and limited DeFi utility prevent a higher recommendation. It is a technically sound product with a narrow market fit.