New Zealand Dollar Market Report October 2022
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.
Jarvis Network – the on-chain Forex market
Pascal Tallarida is the founder of Jarvis Network, a trading platform to buy, sell and exchange stable and liquid synthetic fiat currencies powered by an on-chain Forex market.
Metalend – the lending protocol for fiat-backed stablecoins
Anthony Ng is the Founder and CEO of Metalend, a decentralized lending and borrowing protocol for fiat-backed stablecoins. The future of Defi cannot be built by USD stablecoins alone, users need access to their local currencies to live life. A decentralized lending marketing protocol that supports a wide range of stablecoins is necessary.
Earn Yield with NZDS – the New Zealand Dollar stablecoin
Fran Strajnar is the co-founder of Techemynt, the issuer of the NZDS, a New Zealand Dollar (NZD) Stable Coin backed 1:1 with physical New Zealand Dollars in a cash and cash equivalent treasury managed by a New Zealand registered financial services provider.
Techemynt launches New Zealand dollar stablecoin
New Zealand based fintech company Techemynt has launched a NZ dollar stablecoin ‘$NZDs’ - backed one-for-one by New Zealand dollars.
