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Murat Ungor, Senior Lecturer in Economics, University of Otago

What exactly is a stablecoin? NZ’s regulator has finally provided an answer

New Zealand FMA Crypto
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Over recent years, a new form of digital money has begun to carve out an increasingly prominent role in New Zealand’s crypto and investment landscape.

This is the stablecoin: a digital token typically linked to a traditional currency such as the US dollar.

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