Connect with us

Minting a Stable “Anchor” for the Crypto World


Minting a Stable “Anchor” for the Crypto World

Massive price swings. Market instability. These are among the many realities facing today’s world of cryptocurrency.

Today a new class of crypto assets has emerged, offering promise in terms of providing a measure of price stability and reserve asset backing. Known as stablecoins, these digital assets seek to address common issues around instant processing, payment security, privacy, and asset volatility.

Despite promising gains in this space, market uncertainty around crypto-assets continues to exist. This scenario of high volatility is largely seen as a barrier to widespread crypto adoption and practical use.

It’s here where stablecoins have the potential to drive widespread digital currency adoption, serving as a new and innovative medium of exchange. Currently, two highly recognized stablecoins, Tether and Gemini, serve as fiat-backed, digital versions of real-world assets. And there are scores of other stablecoin projects launching by the day.

Despite growing recognition of their benefits, these assets remain highly susceptible to market swings, inflation, value depreciation, and other vulnerabilities. This has opened the door for an alternative to fiat-pegged stablecoins.

One stablecoin seeking to deliver an alternative solution in this space is Anchor. The vision of this algorithmic stablecoin pegged to global economic growth is to create a platform that any crypto or traditional currency can peg to their market value. The broader goal of Anchor is to ensure stability regardless of factors like fiat currency, market fluctuations, or economic recession.

Through the development of an algorithmically calculated financial index based on global GDP, Anchor hopes to emerge as the first reliable financial standard and measure of value since the International Monetary Fund’s (IMF) Special Drawing Rights (SDR). This financial solution undergirded by a security-centric model will continue to draw interest from individuals, businesses, organizations, and governments worldwide.

According to Anchor Founder and CEO Daniel Popa in an August 26, 2019 press release:
Given the uncertainty plaguing the world’s fiat-driven economies, 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.”

Anchor Chief Communications Officer Olya Moskalenko had this to add: “The US dollar alone has depreciated by 2.5% per year over the last 25 years, which translates to a loss of over 55% of its purchasing power. That’s a significant loss when one is saving for college or for a pension.”

Anchor is an alternative as a two-token algorithmic stable coin is pegged to global economic growth. Moreover, it’s designed to outpace overall inflation, which has been calculated for more than 190 countries. This will allow it to serve as a hedge against daily market fluctuations and volatility, providing verse long-term and short-term benefits.

Continues Moskalenko: “We believe that fiat-pegged stable coins which are dominating the market are essentially just a digitized version of our currently flawed system. In our view, a more technology-centric currency or monetary system which prevents external biases, manipulations or fluctuations impacting stability is sorely needed. This is where Anchor holds such great promise.

Continue Reading

Michael Scott is a contributor to Blockchain Beach, specializing in the areas of blockchain technology, cryptocurrency and digital cities.



  1. Cesardek

    April 28, 2023 at 4:16 PM

  2. DavidSoign

    May 1, 2023 at 7:59 AM

  3. Quentinbag

    May 4, 2023 at 3:28 PM

  4. avenue17

    May 5, 2023 at 10:10 AM

    Anything especial.

  5. ShaneHoste

    May 11, 2023 at 4:09 AM

  6. binance referencní kód

    May 14, 2023 at 8:11 AM

    Your article helped me a lot, is there any more related content? Thanks!

  7. windaddyindia

    May 22, 2023 at 4:08 PM

    I hope, you will find the correct decision. Do not despair.

  8. BrentUtimb

    May 31, 2023 at 4:44 PM

  9. гранит

    June 5, 2023 at 7:35 PM

    Я прочитал эту статью с большим удовольствием! Она написана ясно и доступно, несмотря на сложность темы. Большое спасибо автору за то, что делает сложные понятия понятными для всех.

  10. аудиокнига

    June 8, 2023 at 4:36 PM

    Автор представил широкий спектр мнений на эту проблему, что позволяет читателям самостоятельно сформировать свое собственное мнение. Полезное чтение для тех, кто интересуется данной темой.

  11. катание в зорбе спб

    June 9, 2023 at 7:20 PM

    Я восхищен этой статьей! Она не только предоставляет информацию, но и вызывает у меня эмоциональный отклик. Автор умело передал свою страсть и вдохновение, что делает эту статью поистине превосходной.


    June 10, 2023 at 3:16 PM

    Я впечатлен этой статьей! Она не только информативна, но и вдохновляющая. Мне понравился подход автора к обсуждению темы, и я узнал много нового. Огромное спасибо за такую интересную и полезную статью!

  13. 20betvek

    June 14, 2023 at 5:40 PM


    June 17, 2023 at 4:31 PM

    The article offers a comprehensive overview of the historical background.

  15. Franktig

    June 20, 2023 at 9:13 AM

  16. LloydGam

    June 26, 2023 at 10:20 AM


    June 26, 2023 at 7:44 PM


  18. whoah this blog is magnificent i really like reading your articles. Stay up the good work! You recognize, a lot of people are hunting around for this info, you can help them greatly.


    July 3, 2023 at 12:30 PM

    Hello there, just became aware of your blog through Google, and found that it is really informative. I’m gonna watch out for brussels. I will appreciate if you continue this in future. Many people will be benefited from your writing. Cheers!

  20. Informative article, just what I needed.

  21. hotels near crypto arena

    July 3, 2023 at 11:45 PM

    Your blog has helped me gain a fresh perspective on life. I appreciate the wisdom and insights you share. Thank you for expanding my horizons.

  22. Link exchange is nothing else but it is simply placing the other person’s blog link on your page at appropriate place and other person will also do same in favor of you.

  23. fake casino game

    July 5, 2023 at 3:17 PM

    This is very interesting, You are a very skilled blogger. I have joined your feed and look forward to seeking more of your wonderful post. Also, I have shared your site in my social networks!


    July 6, 2023 at 1:14 PM

    Normally I do not read article on blogs, however I wish to say that this write-up very pressured me to take a look at and do so! Your writing taste has been amazed me. Thank you, quite great article.

You must be logged in to post a comment Login

Leave a Reply


Latest Stories

Sign Up for Our Newsletters

To Top