News

Fiat-Pegged Stablecoins Have the Same Problems as Fiat Currency

Interview with: Daniel Popa, Anchor CEO
Published In: Finance Magnates 
Date: November 5th
Read the original article here.

Summary:

Finance Magnates features an extensive interview with Anchor CEO Daniel Popa, discussing an alternative for fiat-pegged stablecoins. In contrast, algorithmic stablecoins like Anchor (ANCT) offer a non-flationary peg of value and our token’s price is not determined by speculation, artificially induced, politically influenced, or manipulated.