Complementing the stablecoin, Easy Crypto is also launching a digital wallet for trading and storing digital assets, including their new stablecoin
Easy Crypto, New Zealand’s largest non-custodial crypto exchange, collaborated with Australian blockchain development firm Labrys to launch NZDD, a New Zealand dollar-backed stablecoin.
The stablecoin is pegged to the New Zealand dollar in a one-to-one ratio, ensuring stability and direct correlation with the traditional currency. The New Zealand Financial Markets Authority is overseeing the regulation of the stablecoin.