New Zealand Central Banker Adrian Orr Says Stablecoins Aren ’t Stable: Report

None Stablecoins are only as stable as their issuer’s balance sheet, New Zealand’s central banker said during a hearing. • None Fiat currency is the best kind of money because it is backed by the government, he continued. Stablecoins are an oxymoron, New Zealand central bank governor Adrian Orr…#newzealands #nonefiat #newzealand #adrianorr #trueusd #circle #siliconvalleybank #federalreserve #cantorfitzgerald #howardlutnick
Source: Reuters: Health - Category: Consumer Health News Source Type: news