# jFIATs ### Floating exchange rate Floating exchange rate jFIATs are stablecoins tracking the price of currencies that are freely traded. These jFIATS are over-collateralized with approved collaterals. > **Example** > > The Euro (EUR) or the Canadian Dollar (CAD). #### ### Fixed exchange rate Fixed exchange rate jFIATs are stablecoins tracking the price of currencies pegged to another one. These jFIATs are collateralized with the jFIATs tracking the price of the currency they are pegged to. > **Example** > > The Franc CFA (XAF and XOF) or the Bulgarian Lev (BGN) are pegged to the EUR. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://learn.jarvis.network/protocol-overview/jfiat.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.