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Home Glossary
InvestingStocksBondsCryptoPersonal FinanceFundamental AnalysisTechnical AnalysisTradingBankingTaxes
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Pegged Currency

Pegged Currency
Crypto

A currency where the price is intended to continue as before as a designated asset. For instance: 1 USDT is pegged to 1 USD. Likewise alluded to as a stablecoin.