Anchor Founder and CEO Daniel Popa said, Anchors listing on Liquid, marks the first time an algorithmic stablecoin pegged to the global economy is available for users to purchase, trade, and sell. Anchor and Liquids commitment to transparency and regulatory compliance makes Liquid an ideal fit to be the first exchange to list the Anchor Token (ANCT).
Given the uncertainty plaguing the worlds fiat-driven economies, Popa added, Anchor is providing an alternative to fiat-pegged stablecoins and offering crypto traders, businesses, organizations, and individuals long-term price stability, preservation of purchasing power, and protection against inflation while hedging against market volatility.