Questions tagged [pegged]

Lucia Mon Nov 18 2024 | 5 answers 1083

I'm wondering if all stablecoins are pegged to the US dollar. I know some are designed to maintain a fixed value relative to USD, but I'm not sure if this applies to all stablecoins or if they can also be pegged to other currencies or assets.

benjamin_stokes_astronomer Mon Nov 18 2024 | 7 answers 1184

I'm wondering if the currency of Hong Kong is pegged to another currency or if it floats freely in the market. I'd like to understand the exchange rate system of Hong Kong.

Carolina Sun Nov 17 2024 | 5 answers 933

I'm curious about the currencies in the GCC countries. Specifically, I want to know if their currencies are pegged to the US dollar. Is there a fixed exchange rate between GCC currencies and the USD?

Carlo Fri Nov 15 2024 | 7 answers 2039

I'm wondering if the Chinese currency, also known as the yuan or renminbi, is pegged to another currency or to a basket of currencies. I want to understand if its value is fixed or if it floats freely in the market.

Caterina Thu Nov 14 2024 | 6 answers 698

I want to understand how cryptocurrency is pegged to the dollar. I'm curious about the mechanism behind this process and how it affects the value of the crypto assets in relation to the US dollar.