Fiat is a currency that is not backed by a commodity such as gold. Central banks have the ability to control the amount of Fiat currency entering the market.
Feb 7, 2022
What is a Crypto Fiat?
Written by
Yamilex Nunez
Written by Yamilex Nunez
Yamilex is MoneyLion's Social Media Coordinator based in New York City. She is passionate about health, travel, social marketing, educating communities about financial literacy and the entertainment industry.