New Zealand Dollar-Pegged Stablecoin NZDD Debuts on Crypto Exchange

New Zealand Dollar-Pegged Stablecoin NZDD Debuts on Crypto Exchange

A stablecoin pegged to the New Zealand dollar has been launched in a collaboration between New Zealand’s Easy Crypto exchange and Australian blockchain developer Labrys. Announced on November 22, the NZDD is backed on a 1:1 basis with cash in trust and is under the regulatory oversight of New Zealand’s Financial Markets Authority. Initially available […]

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