Stablecoins Are the ‘Greatest Misnomers’ and ‘Oxymorons’ Says New Zealand Central Financial institution Governor
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 may function a substitute or complement to central bank-issued cash. Stablecoins Not a Viable Substitute for Cash Regardless of their rise as a substitute for fiat forex in some areas, stablecoins are […]