Fiat-Pegged Cryptocurrency

De CoinGecko | Actualizado el 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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Términos relacionados

Turing-Complete
A "turing complete" code or blockchain refers to the ability to read program-written codes.
Open/Close
The price at which a cryptocurrency opens at a time period, for example at the start of the day; the price at which a cryptocurrency closes at a time period, for example at the end of the day.
YTD
Acronym for Year-to-date
Central Ledger
Central data repository of a company or bank
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