Pegged Currency
Refers to the currencies which are linked to a specific (usually government-backed) asset in terms of their price.
For example, USDT is pegged to the USD and is always valued at $1.
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Refers to the currencies which are linked to a specific (usually government-backed) asset in terms of their price.
For example, USDT is pegged to the USD and is always valued at $1.
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