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CoinGape 2024-02-12 12:33:10

New Zealand Central Bank Governor Raises Major Red Flag on Stablecoins

Adrian Orr, the governor of the New Zealand central bank has raised major concerns over digital assets, especially stablecoins. He added that in no way the fiat-pegged stablecoins could be a substitute for real fiat money. Stablecoins’ Stability Misconception Adrian Orr, Governor of the Reserve Bank of New Zealand, cautioned against the perceived stability of The post New Zealand Central Bank Governor Raises Major Red Flag on Stablecoins appeared first on CoinGape .

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