Peg
A target exchange-rate relationship that a token or currency attempts to maintain relative to another asset or unit of account.Definition
A target exchange-rate relationship that a token or currency attempts to maintain relative to another asset or unit of account.Why it matters
Stablecoin concepts explain mechanisms designed to maintain relatively stable value and liquidity.Related knowledge
- Blockchain — term
- Cryptography — term
- Web3 — term
Canonical knowledge ID:
glossary:peg