Ethereum News

Saga Stablecoin Goes Stay Backed By Basket of Fiat Currencies

Its worth will rely solely on the “basket of nationwide currencies” whose collective value backs up SGA’s record value. Meant to imitate the Worldwide Financial Fund’s Particular Drawing Rights, a currency-like reserve asset pegged to the greenback, euro, renminbi, pound sterling and yen, this “basket” will guarantee SGA’s steady value.

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