New Zealand’s Central Bank chief casts doubt on stablecoin stability

Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable.” During a parliamentary finance committee meeting on Feb. 12, Orr described stablecoins, which aim to offer…
Source: BTCManager.com
Original Post: New Zealand’s Central Bank chief casts doubt on stablecoin stability

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