As we have seen in the 2008 financial crisis, no financial institution is ‘too big to fail’. The US government had to bail out banks with assets worth hundreds of billions of dollars on their balance sheet.

To prevent loss of investors’ funds in case of a bank failure, funds should be kept in accounts covered by the deposit insurance offered by the Federal Deposit Insurance Corporation. FDIC insurance is backed by the full faith and credit of the United States government and thus a great instrument for stablecoin issuers to offer fund insurance.Anchor token is designed to preserve purchasing power and steadily enhance monetary value over time.

Anchor token is a stable financial ecosystem comprised of a stablecoin cryptocurrency and a non-flationary, algorithmic index. The index is based on the sustainable, upward trend of global economic growth measuring real world value using financial indicators such as the GDP of more than 190 countries, FX indicators of a basket of 16 currencies, and premium sovereign bond yields.

Anchor’s tokenomics ecosystem is designed to be intrinsically stable with its algorithmic index called the Monetary Measurement Unit (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.