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Hot Topic Hawke's Bay
Hot Topic Hawke's Bay
Tech & Innovation
7 mins to read

Easy Crypto launches its own ‘New Zealand digital dollar’

The local crypto retailer has also unveiled a new wallet product as it looks to to increase crypto adoption.

Easy Crypto co-founder and chief executive Janine Grainger.

Key points
  • What's at stake: NZ crypto retailer Easy Crypto is launching its own "stable coin", a class of cryptocurrency developed to try and tackle the wild fluctuations often seen in the price of different cryptotokens.
  • Background: The volatility in cryptocurrency prices and the challenge of storing digital assets safely are seen as major barriers to crypto adoption.
  • Main players: Easy Crypto, Janine Grainger, FMA.

Local crypto retailer Easy Crypto is broadening its product offering to customers with the launch of its own “stable coin”, as well as a wallet for customers to hold their digital assets.

The company believes the products were a step towards addressing two of what were said to be the biggest

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Nicholas Pointon Wed, 22 Nov 2023
Contact the Writer: nicholas@nbr.co.nz
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Key points
  • What's at stake: NZ crypto retailer Easy Crypto is launching its own "stable coin", a class of cryptocurrency developed to try and tackle the wild fluctuations often seen in the price of different cryptotokens.
  • Background: The volatility in cryptocurrency prices and the challenge of storing digital assets safely are seen as major barriers to crypto adoption.
  • Main players: Easy Crypto, Janine Grainger, FMA.
Easy Crypto launches its own ‘New Zealand digital dollar’
Tech & Innovation,
101748
true