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Welcome to episode 60 of LAB Radio. We had a chat with Daniel Popa, CEO of Anchor. Anchor is a "stable currency designed to preserve and enhance the value of your holdings. Anchor is pegged to the value of the global economy, protected by a safety net comprised of six pillars."
Daniel elaborates on his LinkedIn:
"Anchor is addressing one of the biggest issues in the global economy \\u2013 how to preserve monetary value over time, stabilize the value of any given currency, lower its volatility and prevent devaluation.
Anchor 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 a decentralized true stable token and backed by the purchase of sovereign debt as the backing for the two-token system.
Additionally, Anchor goes a step further than other cryptos, and proposes a solution for the systemic issue of instability in the financial markets in general. We have devised an innovative and universal monetary value measurement Standard, in the form of a Proprietary mathematical algorithm \\u2013 the Monetary Measurement Unit (MMU).
The MMU is a true representation of the value of the global economy and an index based on the real GDP of more than 190 countries of the word.
In light of this, Anchor\\u2019s value will be pegged to the MMU directly, providing a stable and dependable unit to store and preserve monetary value over many decades, as opposed to crypto and fiat currencies that are more susceptible to fluctuation as a result of market forces and the volatility of global and local economic landscapes."
How Anchor\'s System Works
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For show notes and more please visit: LAB Radio
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