I meant fixed exchange regimes, which are less common now among major currencies. With a floating exchange rate, there are lots of tools central banks have. Sta

I meant fixed exchange regimes, which are less common now among major currencies. With a floating exchange rate, there are lots of tools central banks have. Stablecoins can't do this, agreed. In a fixed exchange, there's only buying and selling the currency you are maintaining... the stablecoin, so to speak.