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But currency baskets can also bring value to the fiat holders. In a globalized world, your own national currency does not really measure your wealth, except in the sense that it is handy for accounting or payment purposes. Whereas, currency baskets can prove to be the appropriate solution for a variety of needs.
Thanks to the blockchain technology and Ethereum, GLOBCOIN will soon be able to offer stable coins with the risk exposure and value stability of currency baskets to every individual on Earth. We will provide the cryptocurrency community with the best solution to ensure not only wealth preservation of their portfolio in fiat currencies terms, but liquidity, stability and safety at a small cost.
Having an ERC20 token allows us to issue a mean of payment, i.e. a payment coin, easing liquidity, and the currency basket approach brings an exposure to the 15 largest economies in the world plus Gold.
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