web3/concepts/currency-peg.md

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Currency Peg

A currency peg is a policy in which an asset is set to a specific fixed exchange rate for its currency with a foreign currency or basket of currencies.

References

  1. Roche, Cullen O. 2011. Understanding the Modern Monetary System. http://ssrn.com/paper=1905625.
  2. Braun, Benjamin, and Daniela Gabor. 2019. Central Banking, Shadow Banking, and Infrastructural Power. https://doi.org/10.31235/osf.io/nf9ms.