# Basket stablecoins, explained

A basket stablecoin tracks a fixed-weight mix of fiat currencies. CXCASH weights: USD 40%, EUR 28%, CNY 12%, JPY 8%, GBP 7%, CHF 5%.

Formula: price = sum(w_i * rate_i_now / rate_i_launch)

IMF SDR is a separate basket; CXCASH is not issued by the IMF.

https://coinexchange.cash/basket-stablecoin