What is peg in exchange rate?
I'm trying to understand the concept of peg in the context of exchange rate. I want to know what it means when we say an exchange rate is pegged, and how it works in the global financial system.
What does peg mean in crypto?
I'm trying to understand the meaning of 'peg' in the context of cryptocurrencies. I've encountered this term several times while exploring the crypto market, and I want to know how it's defined and used in this domain.
What is a peg in stocks?
I'm trying to understand the concept of a peg in the context of stocks. I've heard this term being used in financial discussions, but I'm not quite sure what it means or how it applies to the stock market.
What is the exchange rate for peg XRP?
I'm wondering about the current exchange rate for peg XRP. I want to know how much it's worth compared to other currencies or maybe even just in terms of a more common currency like the US dollar.