ACChain intends to create a decentralized and trustful, safer and more stable, digital currency system to support free issuance, circulation and settlement of global assets as a supplement to, and support for, the world of fiat. That is the fundamental reason why the "ACCoin" and the "ACChain Special Drawing Rights" (namely: A-SDR) were created.
A-SDR is the abbreviation for "ACChain Special Drawing Rights." It is designed to facilitate a Remittance and Settlement system for global digital currencies. The A-SDR digital currency basket consists of three mainstream layer coins: Bitcoin (BTC), Ethereum (ETH), and Asset Standard Token (ACC). ACC will become the standard token of circulation and settlement for global digital currencies via the A-SDR digital currency basket. Through the global digital currency Eco-System constructed by ACChain -- combining Bitcoin (BTC), Ethereum (ETH) and Asset Standard Token (ACC) -- we will achieve full spectrum coverage for all global digital currency transactions.
A-SDR
digital asset basket
Settle with super node
digital assets
Take A-SDR basket-entry digital asset as settlement standard, form exchange rate with super node digital assets, industry digital assets, and relation of remittance and settlement
Settle with fiat digital assets
Exchange rate between A-SDR basket-entry digital assets and Fiat digital assets will be established. Fiat digital assets are issued by digital asset banks with issuance permission, while A-SDR basket-entry digital assets will be the basis for the settlement. A-SDR basket-entry digital assets and fiat digital assets will construct a remittance and settlement system, which will be a bridge between digital finance and traditional finance.
Application scenario
A-SDR constructs all digital asset circulation and settlement systems, realizing the blockchain asset digitalization full-scenario application
Settlement internet
A-SDR basket-entry asset together with fiat digital asset issued by global digital asset bank constructed the cross-field settlement system between digital asset and fiat, forming the global digital asset remittance and settlement internet
1 BTC = 14000 ACC
Channel closed
1 ETH = 420 ACC
Channel closed
1 USDT = 1 ACC
Channel closed
