New Zealand’s Central Bank chief casts doubt on stablecoin stability | Headlines | News | CoinMarketCap

02/12/2024 15:58
New Zealand’s Central Bank chief casts doubt on stablecoin stability | Headlines | News | CoinMarketCap

Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable.” During a parliamentary finance committee meeting on Feb. 12, Orr described stablecoins, which aim to offer…

New Zealand’s Central Bank chief casts doubt on stablecoin stability

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Published on February 12, 2024 08:31 GMT+00:00edited on February 12, 2024 08:34 GMT+00:00

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