Fiat-Pegged Cryptocurrency

Door CoinGecko | Bijgewerkt op 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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Gerelateerde termen

State Channel
Secondary payment channel occuring off-chain
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A payment to the network for performing a transaction to be recorded on the blockchain.
Microtransaction
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Whitepaper
An introductory paper to consicely explain an issue and a possible solution on the issue.
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