Daniel Popa in Q&A Session about Stablecoins
Daniel Popa, the founder and CEO of Anchor, participated in the Q&A session for TechBullion, a prominent London-based Financial Technology News Website. As they are always on the lookout for the latest tech industry trends, they were quite interested to hear more about our stablecoin solution. In the interview, Daniel Popa explains which issues Anchor addresses, what are some of its greatest benefits, how it differs from other stable currencies, and what is the team’s vision of the future.
After successfully launching 12 companies in the fields of software development, telecommunications, and technology, Popa certainly has the knowledge and experience needed to run and work on continual improvement of Anchor stable cryptocurrency solution. He is passionate about developing a stablecoin that will provide transparency and stability the global economy is in dire need of.
He explains the mechanics behind Anchor and the fact that it is pegged to a proprietary financial index which is tied to the real growth of the global economy. Namely, government-backed currencies and cryptocurrencies pegged to fiat money are highly volatile, and no effective solution was presented so far.
Anchor, on the other hand, relies on the algorithm which calculates global growth based on the GDP of more than 190 countries. As such, it does not rely on a single economy which fluctuates annually but on the global economy which increases at an average rate of 2.5%. As a result, the value of Anchor is expected to increase as well.
Popa also outlines the features that differentiate Anchor from other stablecoins, saying how it offers greater stability and predictability. It represents a dependable store of value and financial standard for individuals and businesses. It can be used to protect their capital or as a secure platform for developing new financial or commercial products.
Popa finishes this successful Q&A session explaining that Anchor’s vision is to create the foundation for a sustainable and healthy global economy. As a transparent, predictable, and trustworthy solution, Anchor ecosystem can finally bridge the gap between the crypto and fiat.
For an entire Q&A session, visit TechBullion.