Why is Real USD Better Money?
Throughout history money has traditionally maintained 3 key attributes:
1) A store of value
2) A stable unit of account
3) A medium of exchange
While fiat currencies and fiat-pegged stablecoins backed by fiat provide a stable unit of account and an effective medium of exchange, they are a poor store of value. The United States Dollar, the reserve currency of the world, has decreased in value sixfold over the last 50 years. This has resulted in a huge loss of purchasing power. On the other hand, real estate has proven itself as a stable and appreciating store of value. During the same 50-year period, the average sales price of a house in the United States grew from $27,000 in Q1 1970 to $383,000 in Q1 2020.
Tangible’s goal with Real USD is to create a better money, satisfying all three conditions of an ideal currency. USDR will live within a growing cryptoeconomy where it will serve as an immediate medium of exchange. As a USD-pegged stable coin, Real USD is a stable unit of account. Yet, unlike US dollars or 1:1 backed stablecoins, USDR will be a true store of value, using real estate to overcollateralize the currency and distributing yield to holders as a means to counteract debasement of the currency it’s pegged to.
Real USD combines the operability of a stablecoin with the consistent value preservation and yield of real estate, creating an all-in-one solution for maintaining purchasing power during turbulent market conditions.
Real USD Real Money | Real Yield | Backed by Real Estate
Real USD = Better Money