Fiat-Pegged Cryptocurrency

Par CoinGecko | Mis à jour le 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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Termes connexes

Fear, uncertainty and doubt (FUD)
A strategy to dissuade people from buying a particular cryptocurrency by spreading false information
Public Blockchain
An open sourced blockchain where participation is public and permissionless
Off-chain
It refers to transactions occuring outside the blockchain and executed instantly.
Margin Call
Margin call takes place when investor's margin account falls below the required amount to stay afloat.
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