« Back to Glossary Index

A peg is referred to as the specified price for the rate of the exchange between two assets. This is in direct contrast with another term “floating” currencies that bear no hard price target and also follow the looser monetary policy. For example, a stablecoin is a pegged currency whose value is pegged to a real-world crypto asset like the fiat currency.

« Back to Glossary Index

Check Also


Coinbase Crypto Delisting Includes 4 Cryptocurrencies From The Wallet

Coinbase crypto delisting is a major event at the end of this year. On Tuesday, …

AdBlock Detected

Looks like you are using an ad-blocking browser extension. We request you to whitelist our website on the ad-blocking extension and refresh your browser to view the content.