The New Zealand Central Financial institution governor, Adrian Orr, lately branded stablecoins “the most important misnomers” and “oxymorons.” Orr additionally rejected the notion that cryptocurrencies might function a alternative or complement to central bank-issued cash. Stablecoins Not a Viable Substitute for Cash Regardless of their rise as an alternative choice to fiat foreign money in some areas, stablecoins are […]
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Stablecoins Are the ‘Greatest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Financial institution Governor
