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pegging

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What does pegging mean in crypto? You already know what stablecoins are, and it’s likely that you use USDT or another stablecoin on a regular basis. However, stablecoins are not necessarily “pegged” only to the United States dollar but also to other real assets—e.g., the euro, other currencies, stocks, and even gold. #bitcoin #pegging
What does pegging mean in crypto?

You already know what stablecoins are, and it’s likely that you use USDT or another stablecoin on a regular basis.

However, stablecoins are not necessarily “pegged” only to the United States dollar but also to other real assets—e.g., the euro, other currencies, stocks, and even gold.

#bitcoin #pegging
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