Questions tagged [pegged]

Valentino Wed Nov 20 2024 | 7 answers 1658

I want to understand how USDT is pegged to USD. What is the mechanism behind it? How does it ensure its value remains stable relative to the US dollar?

Caterina Wed Nov 20 2024 | 7 answers 1409

I would like to know if KYD, which I assume refers to a currency, is pegged. I'm interested in understanding the stability and valuation of this currency in relation to other currencies or assets.

Alessandra Tue Nov 19 2024 | 7 answers 1187

I'm wondering which currencies in the world are currently pegged to another currency or to a specific value, like gold or the US dollar.

Daniele Tue Nov 19 2024 | 5 answers 900

I'm trying to understand the financial term 'pegged' and if it means the same thing as a 'fixed exchange rate'. Could someone clarify this for me?

Lucia Mon Nov 18 2024 | 5 answers 1083

I'm wondering if all stablecoins are pegged to the US dollar. I know some are designed to maintain a fixed value relative to USD, but I'm not sure if this applies to all stablecoins or if they can also be pegged to other currencies or assets.