Potential investors should verify that the US Dollars reserves have been attested by a reputable accountant to ensure the credibility of the fiat backing.

The fund attestation procedure is fairly straightforward: The auditing firm inspects the funds held by the trustee to make sure that the coins are indeed fully backed by deposits. If the outcome of the attestation process is negative or the stablecoin company refuses a full attestation of his financials, this should be seen as a red flag. 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.