The New Zealand Dollar is the world’s tenth most-traded currency. Techemynt is the issuer of the NZDS, a blockchain-based stablecoin that combines the stability and value of the New Zealand dollar with the intrinsic utility of cryptocurrency to allow arbitrage, remittance, and payments in the global digital asset economy. This report explores the asset that backs NZDS and its current position as a heavily traded forex asset and the currency that underpins the New Zealand economy.
Source: https://bravenewcoin.com/insights/research/new-zealand-dollar-market-report-october-2022