From 788c2bc85335f23246baafb0d6839d64d64bb22a Mon Sep 17 00:00:00 2001 From: sassal Date: Fri, 4 Jan 2019 14:23:34 +1100 Subject: [PATCH] Update README.md --- built-on-ethereum/open-finance/stablecoins/README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/built-on-ethereum/open-finance/stablecoins/README.md b/built-on-ethereum/open-finance/stablecoins/README.md index 3016941ac..1c107cda3 100644 --- a/built-on-ethereum/open-finance/stablecoins/README.md +++ b/built-on-ethereum/open-finance/stablecoins/README.md @@ -16,7 +16,7 @@ Cryptocurrencies backed by currency (fiat) are the most common and were the firs * Their value is pegged to one or more currencies (most commonly the US dollar, also the Euro and the Swiss franc). -* The tether is realized off-chain, through banks or other types of regulated financial institutions which serve as depositaries of the currency used to back the stablecoin. +* The peg is realized off-chain, through banks or other types of regulated financial institutions which serve as depositaries of the currency used to back the stablecoin. * The amount of the currency used for backing of the stablecoin has to reflect the circulating supply of the stablecoin.