New Zealand Central Bank Governor Labels Stablecoins as “The Biggest Misnomers” | Headlines | News | CoinMarketCap

02/12/2024 14:19
New Zealand Central Bank Governor Labels Stablecoins as “The Biggest Misnomers” | Headlines | News | CoinMarketCap

Adrian Orr, the governor of the Reserve Bank of New Zealand (RBNZ), has raised concerns about stablecoins, arguing that they are not a reliable substitute for fiat currency and are inherently unstable. During a recent session with a parliamentary finance committee on February 12,...

New Zealand Central Bank Governor Labels Stablecoins as “The Biggest Misnomers”

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Published on February 12, 2024 06:54 GMT+00:00edited on February 12, 2024 07:01 GMT+00:00

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