Fiat currencies’ inherent benefit also applies to stablecoins: the stability of the US Dollar or another asset/currency to which it is linked. Countries with weaker or volatile fiat currencies could utilize stablecoins similar to embracing the USD to manage risk and participate in global monetary systems.Anchor token is a new cryptocurrency introducing a truly stable peg of value for the first time on the global crypto-market. Anchor is modeled as a two-token system consisting of the Anchor token, the system’s currency and payment token, and the Dock Token, the systems utility token that is used to insure system stability.
Anchor token is addressing one of the biggest issues in the global economy – how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor token aims to solve the problem of transparency, liquidity, guarantee and trust on a global scale and thus tackle these burning issues directly, with the introduction of stability facilitated by the purchase of sovereign debt as the backing for the two-token system.