Fiat-Pegged Cryptocurrency

Von CoinGecko | Aktualisiert am Mar 03, 2020
Certain cryptocurrencies are pegged to an underlying asset, such as the USD Coin (USDC), which is a stablecoin by Coinbase. A USDC token is issued for every $1 kept in Coinbases' reserve. A pegged cryptocurrency can be pegged to any asset and then issued on a blockchain. As long as the cryptocurrency can be redeemed for the underlying asset, it can be considered as a pegged cryptocurrency.

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Verwandte Begriffe

Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries\
Open Source
Open-source software is a type of software released under a license in which the copyright holder grants users the rights to study, change, and distribute the software to anyone and for any purpose.
Degen
Cryptotrading without Due Diligence and research - basically gambling.
Pump and dump scheme
A market manipulation method to drive up the price of an asset before profiting by driving it back down.
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