Stable coin pegging system
The pegging system allows you to set a rate of exactly $1 on some stable coins that are tracking the USD dollar. Every movement involving the selected stable coins entering the workspace will have an asset to USD rate of $1 instead of the actual market rate.
This functionality is helpful if you're invoicing in USD and receiving USDC. To close the invoice, you'll need to adjust the USD rate to 1.
These are the stable coins you can fix to $1:
Steps to peg stable coins 1:1 with USD:
- Open Cryptio and navigate to Manage Workspaces (shortcut).
- Click and open the chosen workspace.
- Scroll down to Peg stable-coins 1:1 with the US dollar.
- Click on +select stable coins.
- Select your desired stable coins from the list.
- Click Save.