What are the fiat currencies ARTH is pegged to?
ARTH is a next-generation digital currency designed to tackle the depreciation of government-owned currencies (like US Dollar, Euro, or Chinese Yuan), but at the same time remain relatively stable (unlike Gold and Bitcoin).
ARTH does this by being pegged to a basket of assets that represent strong hedges of each other.
The unique peg of ARTH looks like this:
- 80% — Collection of Fiat currencies
- 15% — Gold (often considered a safe-haven asset
- 5% — Bitcoin (also started to show properties of being a safe have asset as of recently)
The Fiat currencies include:
- USD,
- GBP,
- INR,
- JPY,
- CNY,
- CHF,
- CAD)