Anchor Stablecoin Uses Global GDP-Based Index as Stable Value Peg to Offer Crypto to Fiat Bridge
The inherent vulnerability of the fiat system is volatility and although cryptocurrencies, like Bitcoin, may serve as mediums of exchange, they do not solve this problem. Anchor stablecoin is different because it has a value peg that is truly stable and not influenced by external factors. Anchor’s CMO Milos Milosavljevic gave an interview for CardRates.com where he dived deep into ANCT and its stabilization system. Read the original article here.
Title photo by William Potter, Shutterstock.