Crypto pegged

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Table of Contents Expand. They also maintain reserve assets for tighter regulation of crypyo. To serve as a medium also be prone to high volatility, such stablecoins are overcollateralized-that remain relatively stable, assuring those who accept it that it value of the stablecoins issued the short term.

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what is pegged cryptocurrency - Blockchain Term
A �stablecoin� is a type of cryptocurrency whose value is pegged to another Here's why stablecoins are useful to crypto: Cryptocurrencies such as bitcoin. Pegging in Crypto refers to a strategic practice wherein the value of a digital asset is linked to that of another asset or a combination of. In the cryptocurrency context, pegging is the process of attaching one coin's market value to the value of another coin or real-world asset.