Individuals often want to deal in dollars (or other major fiat currencies), as during times of high volatility the actual price at which a trade is executed may be higher than expected (so-called slippage). However, regulatory issues can make it difficult for crypto exchanges to allow fiat currencies. Stablecoins neatly solve this issue. 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.