Hello frens! 😀

Our Glossary for this Week - Currency Peg 📉📈

📉 A currency peg is when one currency’s value is fixed to another, like how some national currencies are pegged to the US Dollar.

📉 In crypto, pegging is crucial for stablecoins, ensuring they maintain a consistent value tied to fiat currencies like USD 💲

Learn more in the short thread below... ⤵🧵