# USD → GBP: US Dollar to British Pound settlement on Sera

> A deep, highly-banked corridor where the incumbent spread is already thin, so the opportunity is volume rather than margin. Around $121k was quoted in the last 30 days with nothing filled — the pair simply has no TGBP inventory posted against it yet.

- **Corridor:** USD ↔ GBP (United States ↔ United Kingdom)
- **Status:** Live
- **Bridge stablecoins:** USDC ↔ TGBP
- **Settlement speed:** Sub-second on-chain · ~10s door-to-door

## How settlement flows

Sender funds in USDC or USDT; the book matches against TGBP; TGBP redeems into sterling and pays out over Faster Payments, usually landing in under a minute.

## Local payment rails

- **United States (USD):**
  - FedNow (Real-time — 24/7/365)
  - ACH (Same-day — Same-day & next-day)
  - Fedwire (Wire)
- **United Kingdom (GBP):**
  - Faster Payments (Real-time)
  - BACS (Same-day)

## Use cases

- Agency and contractor invoicing
- Property and professional fees
- Treasury sweeps

## Risk notes for liquidity providers

The tightest spreads on the board, so this corridor only works for LPs comfortable earning on turnover. Sterling is a liquid free float with event risk around Bank of England decisions.

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Live page with current rates: https://sera.cx/coverage/usd-gbp · Swap at https://app.sera.cx · All corridors: https://sera.cx/coverage · Full corpus: https://sera.cx/llms-full.txt
