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It is pegged to the USD. A "pegged" currency means it's a fixed exchange rate. https://www.investopedia.com/terms/c/currency-peg.asp https://www.investopedia.c
by jatsign 9y ago
It is pegged to the USD. A "pegged" currency means it's a fixed exchange rate.
https://www.investopedia.com/terms/c/currency-peg.asp https://www.investopedia.com/terms/c/currency-peg.asp
- jnbiche 9y agoI do agree that you really need to make very clear that your crypto is not backed by any USD. That's not clear enough reading your description.