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      Crypto Glossary
      # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

      What is a Peg?

      Imagine a system where one dollar is always worth exactly one euro. A peg sets a fixed exchange rate between two assets, like a cryptocurrency and a traditional currency (like US dollars). This means the price of the crypto is "pegged" to the value of the other asset.
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