pegged

A boom in stablecoins -- cryptocurrencies designed to hold a steady value by being pegged to traditional assets -- calls for "close monitoring", ECB economists warned Monday.

Short interest in the stock has spiked as well, with around 20.5 million shares pegged to bets against the company, or around 1.2% of Oracle’s outstanding float.

They plan to build Clearing’s platform on top of blockchain technology, using stablecoins—digital tokens pegged to the dollar—to settle trades.

It will do so by increasing demand for Treasuries, since by law stablecoins need to be pegged to U.S. assets.

Twice it took the lead against Denmark—including through an overhead kick—and twice it was pegged back.