Feb 7, 2022

What is a Crypto Fiat?

Written by Yamilex Nunez

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.

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.