CCC and Peg: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Administrator (CSV import) |
(Add link.) |
||
| Line 1: | Line 1: | ||
1. ''Noun.'' | |||
An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate. | |||
2. ''Verb.'' | |||
To establish a fixed conversion rate for an asset, into a more widely accepted asset. | |||
== See also == | == See also == | ||
* [[ | * [[Acceptance]] | ||
* [[Exchange rate]] | |||
* [[Crawling peg system]] | |||
* [[Managed float]] | |||
* [[PayPal USD]] | |||
* [[Stablecoin]] | |||
[[Category:Manage_risks]] | |||
Revision as of 10:06, 30 July 2024
1. Noun.
An exchange rate system in which exchange rates are either fixed, or managed within a range on either side of a target exchange rate.
2. Verb.
To establish a fixed conversion rate for an asset, into a more widely accepted asset.
