Tag: ARC Reserve Currency

What Is the ARC Reserve Currency?

There have been a few attempts to create so-called stablecoins, which¬†are usually currencies pegged to either fiat currencies or other tangible assets. The ARC Reserve Currency is an asset-backed digital stablecoin. All proceeds from the issuance of these coins¬†will be allocated to fixed income investments. A stable-priced cryptocurrency isn’t necessarily appealing to investors, but it may have some real-world use cases. What is the Purpose of ARC Reserve Currency? It …
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