Questions tagged [pegged]

Maria Fri Oct 25 2024 | 5 answers 1110

I'm wondering if the Chinese currency, the RMB, is pegged to the US dollar. I want to understand the relationship between these two currencies and whether there's a fixed exchange rate.

BitcoinBaronGuard Fri Oct 25 2024 | 0 answers 0

I want to know if the Fijian Dollar (FJD) is pegged to the United States Dollar (USD). I'm curious about the exchange rate relationship between these two currencies.

CryptoVisionary Sat Oct 19 2024 | 5 answers 1041

I want to understand how WBTC is pegged to BTC. What is the mechanism behind this pegging and how does it ensure the value of WBTC remains linked to BTC?

StarlitFantasy Wed Oct 16 2024 | 7 answers 1334

I want to understand how DAI is pegged to USD. I'm curious about the mechanism and process behind this pegging, and how it ensures DAI's value remains stable relative to the US dollar.

CryptoWizard Tue Oct 15 2024 | 5 answers 680

I'm curious about the mechanism behind FRAX's pegging. How does it maintain its peg and what are the factors involved in this process? I would like to understand the technicalities and dynamics of FRAX's pegging system.