Stablecoins Are the ‘Biggest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Bank Governor

The New Zealand Central Bank governor, Adrian Orr, precocious branded stablecoins “the biggest misnomers” and “oxymorons.” Orr besides rejected the conception that cryptocurrencies could service arsenic a replacement oregon supplement to cardinal bank-issued money. Stablecoins Not a Viable Substitute for Money Despite their emergence arsenic an alternate to fiat currency successful immoderate regions, stablecoins are […]