As the authors note, the Libra Association defines a basket of assets that can be traded for Libra tokens by selected intermediaries, called authorised resellers (ARs). ETFs use a similar system of authorised participants (APs). ARs purchase these assets on the market and give them to the Libra Association. Read More...
As the authors note, the Libra Association defines a basket of assets that can be traded for Libra tokens by selected intermediaries, called authorised resellers (ARs). ETFs use a similar system of authorised participants (APs). ARs purchase these assets on the market and give them to the Libra Association.
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