Is PGK pegged to USD?

As a seasoned observer in the world of cryptocurrencies and finance, I must inquire about the recent trend of PGK. Specifically, I'm wondering if the value of PGK is pegged to the US Dollar? This query is particularly relevant given the volatility of cryptocurrencies in general and the potential for a stablecoin like PGK to offer a degree of stability in a highly volatile market. Understanding the relationship between PGK and the USD, if any, is crucial for investors and market analysts alike to make informed decisions.