The Monetary Authority is to issue the Aletheian Guilder and hold the reserve rules that back it. A Monetary Board oversees those rules.
It is deliberately separate from the Treasury: the body that issues money does not spend it.
No reserves, pegs, payment rails or banking relationships are operational. Any that become operational will be published here with evidence.
Proposed responsibilities
- Issue the AEY under published rules
- Maintain and report reserve invariants
- Supervise the StableChain monetary layer
What its status means
Proposed. Described in a draft framework only. It has no staff, budget or powers. It will be marked in formation only when people and work are assigned to it.