Techemynt – the New Zealand Dollar Stablecoin
The NZDS is a New Zealand Dollar stablecoin backed 1:1 with physical New Zealand Dollars in cash and cash equivalents. NZDS was launched in March 2021 by Techemynt, a registered New Zealand Financial Services provider, using the FiatToken framework developed by Centre that is the basis for USD-Coin (USDC).
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As a blockchain-based stablecoin, NZDS combines the stability and value of the New Zealand Dollar with the intrinsic utility of cryptocurrency to allow arbitrage, remittance, and digital payments.
After working in Traditional finance at places like Standard & Poor’s in New York, and Reuters and Cantor Fitzgerald in Tokyo, Scott has spent the last four years in the digital asset space with Techemy Capital, Brave New Coin, and now with Techemynt to build out the market for the New Zealand Dollar Stablecoin.
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