What does pegging mean in crypto

what does pegging mean in crypto

Altair crypto

Pegged cryptocurrencies, otherwise known as using smart contracts for algorithm-based and simplicity.

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  • what does pegging mean in crypto
    account_circle Bazragore
    calendar_month 12.05.2022
    Bravo, your opinion is useful
  • what does pegging mean in crypto
    account_circle Mezigis
    calendar_month 17.05.2022
    Speak to the point
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Transaction Fees: Trading involves fees. It can encourage the creation of a black market. While cryptocurrencies represent a new frontier in finance, traditional fiat currencies like the U. Broken ratio Once the reserve fails to match the coin with the ratio of , depegging occurs. Soft pegging is an exchange rate regime applied to a currency to stabilize its value against a pegged or reserve currency.