Special Drawing Rights (SDR)

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Revision as of 03:09, 24 June 2019 by wiki_crypto>Zeb.dyor
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  • Created by the IMF in 1969 to bolster reserves of countries. The SDR's are backed by Fiat like USD, EUR, CNY, JPY en GBP.
  • Maker DAO uses SDR's as collateral and Libra will have a stablecoin that is similar to SDR's.