It is clear that the general cryptocurrencies are not fit for business. We need something which is worth the same every time, every day, and that is where stablecoins come in – a price-stable cryptocurrency which can be reliably used as a medium of exchange just like their fiat peers, yet benefitting from the blockchain technology. Anchor token is a stablecoin cryptocurrency pegged to a non-flationary, algorithmic financial index that reflects the long-term growth of the global economy. Unlike fiat currencies that are in consistent depreciation, data from the World Bank shows that since 1960, global GDP has expanded from $1.3trn to $80.7trn. The Monetary Measurement Unit (MMU) is Anchor’s algorithmic financial index. The MMU is based on validated data from the International Monetary Fund (IMF), the World Bank, Bloomberg, and other official sources of more than 190 countries over the last 25 years. The MMU is further stabilized with FX indicators from a basket of 16 currencies, and premium sovereign bond yields from 20 of the world’s strongest economies.

Offering the stablecoin market an alternative to Tether, Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its MMU and a safety-net of six stabilizing mechanisms, which includes a two-token, burn-mint model to ensure stability regardless of market recession, volatility, inflation, and other dynamic economic scenarios.