2023.11.24
New Zealand launches local dollar-based stablecoin 'NZDD'
EasyCrypto and Labris collaborate to launch NZDD, a New Zealand dollar-backed stablecoin. It's secured by cash reserves, has a 1:1 value, and complies with NZ financial regulations. Initially on Ethereum, it'll expand to other blockchains. NZDD aims to boost financial markets and bridge gaps in traditional finance. Easy Crypto also introduces a secure multi-currency wallet. New Zealand Parliament supports crypto and blockchain, preferring balanced regulation for business growth.
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