{"id":20109,"date":"2023-10-29T12:04:14","date_gmt":"2023-10-28T23:04:14","guid":{"rendered":"https:\/\/cryptocurrency.org.nz\/?page_id=20109"},"modified":"2024-01-21T10:20:47","modified_gmt":"2024-01-20T21:20:47","slug":"stablecoins-nz","status":"publish","type":"page","link":"https:\/\/cryptocurrency.org.nz\/stablecoins-nz\/","title":{"rendered":"Stablecoins NZ &#8211; New Zealand&#8217;s Cryptocurrency Guide (2024)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"20109\" class=\"elementor elementor-20109\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-cd51879 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cd51879\" data-element_type=\"section\" data-settings=\"{&quot;shape_divider_top&quot;:&quot;pyramids&quot;,&quot;shape_divider_bottom&quot;:&quot;pyramids&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M761.9,44.1L643.1,27.2L333.8,98L0,3.8V0l1000,0v3.9\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M761.9,44.1L643.1,27.2L333.8,98L0,3.8V0l1000,0v3.9\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-73c7e0e\" data-id=\"73c7e0e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c04fb4f elementor-widget elementor-widget-spacer\" data-id=\"c04fb4f\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-inner-section elementor-element elementor-element-b069b00 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b069b00\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-2466caa\" data-id=\"2466caa\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-96010a0 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"96010a0\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;tada&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"882\" height=\"1024\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-882x1024.png\" class=\"attachment-large size-large wp-image-14545\" alt=\"Cryptocurrency NZ Logo\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-882x1024.png 882w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-258x300.png 258w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-768x892.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-1323x1536.png 1323w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo-1764x2048.png 1764w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/05\/Cryptocurrency-NZ-Logo.png 2035w\" sizes=\"(max-width: 882px) 100vw, 882px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f17b5a8 elementor-widget elementor-widget-heading\" data-id=\"f17b5a8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">What Are Stablecoins in New Zealand?<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<div class=\"elementor-element elementor-element-eb73f11 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"eb73f11\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-6799ff5 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-calendar-alt\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>October 29, 2023<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-78f36c9 elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-calendar-alt\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-custom\">\n\t\t\t\t\t\t\t\t\t\tLast updated: December 21st, 2023\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dca2618 elementor-widget elementor-widget-spacer\" data-id=\"dca2618\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-681b4de elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"681b4de\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-92ae137\" data-id=\"92ae137\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2b8031a elementor-widget elementor-widget-spacer\" data-id=\"2b8031a\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-cfb832e\" data-id=\"cfb832e\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1f0871f elementor-hidden-phone elementor-author-box--align-left elementor-widget elementor-widget-author-box\" data-id=\"1f0871f\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\t\t\t\t<div  class=\"elementor-author-box__avatar\">\n\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/12\/Nic-Turnbull-NZ-300x258.png\" alt=\"Picture of Nic Turnbull \" loading=\"lazy\">\n\t\t\t\t<\/div>\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<div >\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">\n\t\t\t\t\t\t\tNic Turnbull \t\t\t\t\t\t<\/h4>\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-40d501f\" data-id=\"40d501f\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5522529 elementor-widget elementor-widget-spacer\" data-id=\"5522529\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-17a0a07 e-flex e-con-boxed e-con e-parent\" data-id=\"17a0a07\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-cb03abd elementor-widget elementor-widget-text-editor\" data-id=\"cb03abd\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #000000;\">Blockchain technology, which powers various volatile cryptocurrencies, also serves as the foundation for the development of Stablecoins. These digital currencies provide a reliable and consistent value, distinguishing them from their highly fluctuating counterparts.<\/span><\/p><p style=\"text-align: center;\"><span style=\"color: #000000;\">In this guide,<\/span> <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> <span style=\"color: #000000;\">will delve into the history and features of Stablecoins \u2013 and help gauge which is the best stablecoin to use in New Zealand.\u00a0<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11dbd64 elementor-widget elementor-widget-text-editor\" data-id=\"11dbd64\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p style=\"text-align: center;\"><span style=\"color: #000000;\"><strong>Related Guides:<\/strong><\/span><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/guides\/peer-to-peer-trading-nz\/\">Peer-to-Peer Crypto Trading NZ \u2013 New Zealand\u2019s Crypto Guide (2023)<\/a><\/strong><\/p><p style=\"text-align: center;\"><a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/buy-stablecoins-nz\/\"><strong>How to Buy Stabelcoins in NZ \u2013 New Zealand\u2019s Crypto Guide (2023)<\/strong><\/a><\/p><p style=\"text-align: center;\"><strong><a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\">Cryptocurrency Wallets NZ \u2013 New Zealand\u2019s Crypto Guide<\/a><a href=\"https:\/\/cryptocurrency.org.nz\/hardware-wallets-nz\/\">\u00a0(2023)<\/a><\/strong><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a3ca81a elementor-widget elementor-widget-text-editor\" data-id=\"a3ca81a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">The <strong>safest<\/strong>, <strong>fastest<\/strong>, and <strong>easiest<\/strong> way to buy Stablecoins like NZDD, Tether USDT, DAI and USDC <\/span><span style=\"letter-spacing: 0px;\"><span style=\"color: #000000;\">\u00a0in New Zealand is through a Kiwi crypto retailer like<\/span> <\/span><a style=\"letter-spacing: 0px;\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">Easy Crypto NZ<\/a>\u00a0<span style=\"color: #000000;\">or\u00a0<\/span><a href=\"https:\/\/accounts.binance.info\/register?ref=392657171\" target=\"_blank\" rel=\"noopener\">Binance NZ<\/a><span style=\"letter-spacing: 0px;\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-0b2cb1a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"0b2cb1a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-969dc30\" data-id=\"969dc30\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-50af639 elementor-widget elementor-widget-heading\" data-id=\"50af639\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Easy Crypto NZ<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2267b5c elementor-widget elementor-widget-spacer\" data-id=\"2267b5c\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b140ff8 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"b140ff8\" data-element_type=\"widget\" data-settings=\"{&quot;motion_fx_motion_fx_mouse&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;pulse&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1762\" height=\"810\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ.png\" class=\"attachment-full size-full wp-image-9623\" alt=\"Buy Bitcoin Cryptocurrency Easy Crypto NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ.png 1762w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-300x138.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-1024x471.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-768x353.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2022\/03\/Buy-Bitcoin-Cryptocurrency-Easy-Crypto-NZ-1536x706.png 1536w\" sizes=\"(max-width: 1762px) 100vw, 1762px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eba306f elementor-align-center elementor-widget elementor-widget-button\" data-id=\"eba306f\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Go to Easy Crypto NZ<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-54252e1\" data-id=\"54252e1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-051a237 elementor-widget elementor-widget-heading\" data-id=\"051a237\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Binance NZ<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-66f5b26 elementor-widget elementor-widget-spacer\" data-id=\"66f5b26\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4c59685 elementor-invisible elementor-widget elementor-widget-image\" data-id=\"4c59685\" data-element_type=\"widget\" data-settings=\"{&quot;motion_fx_motion_fx_mouse&quot;:&quot;yes&quot;,&quot;_animation&quot;:&quot;pulse&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/accounts.binance.info\/register?ref=392657171\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1533\" height=\"832\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto.png\" class=\"attachment-full size-full wp-image-13128\" alt=\"Binance NZ Buy Crypto\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto.png 1533w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-300x163.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-1024x556.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/04\/Binance-NZ-Buy-Crypto-768x417.png 768w\" sizes=\"(max-width: 1533px) 100vw, 1533px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d99e02 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3d99e02\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/accounts.binance.info\/register?ref=392657171\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Go to Binance NZ<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-1b28eac e-flex e-con-boxed e-con e-parent\" data-id=\"1b28eac\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e573c0 elementor-widget elementor-widget-image\" data-id=\"5e573c0\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"594\" height=\"746\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/hero.png\" class=\"attachment-large size-large wp-image-16127\" alt=\"Stablecoin NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/hero.png 594w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/hero-239x300.png 239w\" sizes=\"(max-width: 594px) 100vw, 594px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4271c47 elementor-widget elementor-widget-heading\" data-id=\"4271c47\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What are Stablecoins in NZ? <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6458a67 elementor-widget elementor-widget-text-editor\" data-id=\"6458a67\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Stablecoins represent a specific class of cryptocurrencies designed to ensure price stability, employing various mechanisms such as pegging their value to other assets like currencies, commodities, or cryptocurrencies, or algorithm-based supply.<\/p><p>Within the cryptocurrency sphere, New Zealand users require a secure and steady digital asset to facilitate more efficient transactions and investments. Simultaneously, individuals participating in the New Zealand fiat currency system seek a currency that safeguards their wealth against inflation and financial exclusion.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-3a3bf4b e-flex e-con-boxed e-con e-parent\" data-id=\"3a3bf4b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d7f03f6 elementor-widget elementor-widget-heading\" data-id=\"d7f03f6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why Are Stablecoins so Important?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a81fd9c e-flex e-con-boxed e-con e-parent\" data-id=\"a81fd9c\" data-element_type=\"container\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;pyramids&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M761.9,44.1L643.1,27.2L333.8,98L0,3.8V0l1000,0v3.9\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aec6675 elementor-widget elementor-widget-text-editor\" data-id=\"aec6675\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/what-is-bitcoin-nz\/\">Bitcoin<\/a>, being the most well-known <a href=\"https:\/\/cryptocurrency.org.nz\/what-is-cryptocurrency\/\">cryptocurrency<\/a>, has faced significant price volatility, which can be concerning for routine transactions and everyday use. For instance, its value soared from just under $5,000 in March 2020 to over $63,000 in April 2021, only to experience a subsequent decline of nearly 50% in the following months. <\/span><\/p><p><span style=\"color: #000000;\">To address this issue, stablecoins have emerged in the crypto market. These cryptocurrencies, with a focus on stability, aim to maintain a steady value using various methods. Stablecoins are particularly relevant to the New Zealand crypto landscape, where individuals are keen to explore digital currencies while ensuring stability.<\/span><\/p><p style=\"text-align: center;\"><span style=\"color: #000000;\"><em>Stablecoins, as the name suggests, seek to tackle this challenge by offering methods to maintain a consistent value for the cryptocurrency they represent.<\/em><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-a322405 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"a322405\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-717a9d3\" data-id=\"717a9d3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1049cf8 elementor-widget elementor-widget-text-editor\" data-id=\"1049cf8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><b>Disclaimer:<\/b>\u00a0Cryptocurrency NZ has no affiliation with any stablecoins or services showcased in our guide. All recommendations are based on our own research, experiences and preferences. You are ultimately responsible for the safekeeping and use of any stablecoins.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-e24a624 e-flex e-con-boxed e-con e-parent\" data-id=\"e24a624\" data-element_type=\"container\" data-settings=\"{&quot;shape_divider_top&quot;:&quot;pyramids&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-shape elementor-shape-top\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M761.9,44.1L643.1,27.2L333.8,98L0,3.8V0l1000,0v3.9\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-caac680 elementor-widget elementor-widget-heading\" data-id=\"caac680\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What Kind of Stablecoins are in NZ?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5a20c00 elementor-widget elementor-widget-text-editor\" data-id=\"5a20c00\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Presently, Stablecoins command a collective market capitalization of $100 billion, signifying their significant presence. Their utilization spans across various purposes, including cryptocurrency trading, earning interest through <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/decentralized-finance-nz\/\">Decentralized Finance (DeFi)<\/a> applications, and safeguarding wealth from the volatility of local currencies.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-0ad267f e-flex e-con-boxed e-con e-parent\" data-id=\"0ad267f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e9f66c4 elementor-widget elementor-widget-heading\" data-id=\"e9f66c4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Crypto-Collateralized Stabelcoins <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-73edf1c elementor-widget elementor-widget-text-editor\" data-id=\"73edf1c\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">With the rising popularity and adoption of cryptocurrencies, the number of individuals holding crypto assets has surged significantly. This growing trend has led to an increased interest in utilizing cryptocurrencies as collateral to generate Stablecoins.\u00a0\u00a0<\/span><\/p><p><span style=\"color: #000000;\">The process of collateralizing and issuing Stablecoins with crypto assets is relatively straightforward. Kiwis can deposit their crypto into a stablecoin vault, such as <a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"noopener\">MakerDAO<\/a>, and then generate Stablecoins, such as DAI, against the value of their collateral.\u00a0<\/span><\/p><p><span style=\"color: #000000;\">As the loan is repaid and the collateral is withdrawn, the corresponding amount of Stablecoins, such as DAI, is removed from circulation. I<\/span><span style=\"text-align: var(--text-align); background-color: var(--nv-site-bg);\"><span style=\"color: #000000;\">ndividuals can tap into the value of their assets while retaining ownership and potential long-term appreciation.<\/span><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-680c971 e-flex e-con-boxed e-con e-parent\" data-id=\"680c971\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-9fa4748 elementor-widget elementor-widget-heading\" data-id=\"9fa4748\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Fiat-Collateralized Stablecoins <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-de71ec5 elementor-widget elementor-widget-text-editor\" data-id=\"de71ec5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">Currently, dollar-pegged stablecoins dominate the stable digital currency landscape, enjoying immense popularity. These stablecoins maintain a 1:1 value ratio with the US dollar, as they are backed by actual dollar reserves<\/span><\/p>\n<p><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px;\" href=\"https:\/\/tether.to\/\" target=\"_blank\" rel=\"noopener\">Tether (USDT)<\/a><span style=\"color: #000000;\">&nbsp;emerged as the initial digital dollar stablecoin to achieve widespread acceptance and has now become ubiquitous across various cryptocurrency exchanges. <\/span><\/p>\n<p><span style=\"color: #000000;\">Traders extensively utilize Tether and other widely recognized digital dollars like USDC. These Stablecoins offer the convenience of swiftly transferring funds between crypto wallets, ensuring funds are readily available for seizing market buying opportunities, or easily converting them back to NZD dollars when desired.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cf19417 e-flex e-con-boxed e-con e-parent\" data-id=\"cf19417\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7334240 elementor-widget elementor-widget-heading\" data-id=\"7334240\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Algorithmic Stablecoins <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34b6ddf elementor-widget elementor-widget-text-editor\" data-id=\"34b6ddf\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Algorithmic Stablecoins differentiate themselves from reserve-backed models like Tether and Maker. Instead of relying on reserves of collateralizing assets, algorithmic stablecoin protocols actively participate in the open market by buying and selling their token.\u00a0<\/p><p>A famous example is Terra&#8217;s USD. They utilizes a distinctive mechanism that encourages arbitrage activities involving USD and Terra&#8217;s LUNA token. In cases where USD exceeds the $1 peg, the stabilization mechanism of the protocol initiates a swap where $1 worth of LUNA is exchanged for $1 of USD. TerraUSD has collapsed and is now worth $0\u00a0\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b765f12 elementor-widget elementor-widget-image\" data-id=\"b765f12\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"729\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz-1024x729.webp\" class=\"attachment-large size-large wp-image-20111\" alt=\"Terra USD stablecoin nz\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz-1024x729.webp 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz-300x214.webp 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz-768x547.webp 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz-1536x1093.webp 1536w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/10\/Terra-USD-stablecoin-nz.webp 1582w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd95413 elementor-alert-info elementor-widget elementor-widget-alert\" data-id=\"bd95413\" data-element_type=\"widget\" data-widget_type=\"alert.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-alert\" role=\"alert\">\n\n\t\t\t\t\t\t<span class=\"elementor-alert-title\">Important! <\/span>\n\t\t\t\n\t\t\t\t\t\t<span class=\"elementor-alert-description\">Algorithmic Stablecoins are volatile; value pegs can fluctuate, leading to potential investment risks. TerraUSD's collapse serves as a famous example.<\/span>\n\t\t\t\n\t\t\t\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a994ec4 e-flex e-con-boxed e-con e-parent\" data-id=\"a994ec4\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5294e4b elementor-widget elementor-widget-heading\" data-id=\"5294e4b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is the Best Stablecoin in NZ?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6a59f32 elementor-widget elementor-widget-text-editor\" data-id=\"6a59f32\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\">With the ever-growing cryptocurrency market in New Zealand, new Stablecoins are emerging regularly. For individuals seeking secure, reliable, and popular Stablecoins, here is an overview of some of the top choices that <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> recommend.&nbsp;<\/span><\/p>\n<p><span style=\"color: #000000;\">Interested in buying Stablecoins? Check out our<\/span> <a href=\"https:\/\/cryptocurrency.org.nz\/buy-cryptocurrency-nz\/\">How to Buy Cryptocurrency in NZ Guide.<\/a><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-86b673f e-flex e-con-boxed e-con e-parent\" data-id=\"86b673f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-68c3f2b e-con-full e-flex e-con e-child\" data-id=\"68c3f2b\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-8aec332 e-flex e-con-boxed e-con e-child\" data-id=\"8aec332\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-1c6dc7e e-con-full e-flex e-con e-child\" data-id=\"1c6dc7e\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a0a1f3 elementor-widget elementor-widget-image\" data-id=\"0a0a1f3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/nzdd.com\/what-is-nzdd\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE-1024x1024.png\" class=\"attachment-large size-large wp-image-22197\" alt=\"\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE-1024x1024.png 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE-300x300.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE-150x150.png 150w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE-768x768.png 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/12\/NZDD-ICON-2-SQUIRCLE.png 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5934bc9 elementor-widget elementor-widget-heading\" data-id=\"5934bc9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">New Zealand Digital Dollar (NZDD)<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b8bfd9d e-con-full e-flex e-con e-child\" data-id=\"b8bfd9d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ac77fa9 elementor-widget elementor-widget-text-editor\" data-id=\"ac77fa9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Type of Stablecoin:<\/strong> Fiat Collateralized\u00a0<\/p><p><strong>Governance Model<\/strong>: Centralized<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-22efaa6 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"22efaa6\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy NZDD<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ba20226 e-con-full e-flex e-con e-child\" data-id=\"ba20226\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-483fe5a elementor-widget elementor-widget-toggle\" data-id=\"483fe5a\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7571\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-7571\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-7571\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-7571\"><p><a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a><span style=\"color: #000000;\">, embraces <a href=\"https:\/\/nzdd.com\/what-is-nzdd\/\" target=\"_blank\" rel=\"noopener\">NZDD<\/a>, the New Zealand Digital Dollar, for its profound advantages rooted in local strength. Backed 1-to-1 by the New Zealand Dollar, NZDD epitomizes stability, ensuring a reliable digital asset. The security and trust inherent in New Zealand Digital Dollar, coupled with its seamless integration into the local economy, make it the preferred choice.<br \/><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7572\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-7572\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-7572\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-7572\"><p style=\"text-align: center;\"><strong>Pros of NZDD:<\/strong><\/p><p><strong>\u2714\ufe0f Local Stability:<\/strong> NZDD is pegged 1-to-1 with the New Zealand Dollar, offering stability and security rooted in the strength of the local economy.<\/p><p><strong>\u2714\ufe0f Financial Independence:<\/strong> Choosing NZDD aligns with the ethos of promoting financial independence, as it mitigates the volatility often associated with foreign-backed stablecoins.<\/p><p><strong>\u2714\ufe0f Security and Trust:<\/strong> The 1-to-1 backing of NZDD by the New Zealand Dollar enhances security, fostering transparency and building trust within the cryptocurrency community.<\/p><p><strong>\u2714\ufe0f Seamless Integration:<\/strong> NZDD seamlessly integrates into the local economy, facilitating everyday transactions, investments, and international transfers within the New Zealand financial landscape.<\/p><p style=\"text-align: center;\"><strong>Cons of NZDD:<\/strong><\/p><p><strong>\u274c Centralization:<\/strong> While the involvement of regulated institutions adds a layer of trust, it also introduces centralization concerns. NZDD&#8217;s issuance and management are controlled by these entities, potentially making it subject to regulatory actions or changes in their policies.<\/p><p><strong>\u274c Limited Currency Options:<\/strong> As a stablecoin pegged to the New Zealand Dollar, NZDD may have limited flexibility compared to more diversified stablecoins that are pegged to a basket of currencies.<\/p><p><strong>\u274c Exchange Liquidity:<\/strong> The liquidity of NZDD on exchanges may be subject to the availability of trading pairs, potentially limiting trading options for users.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-7573\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-7573\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-7573\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-7573\"><p>NZDD, the New Zealand Digital Dollar, emerges as a beacon of stability in the dynamic realm of cryptocurrencies. With a steadfast 1-to-1 peg to the New Zealand Dollar, NZDD ensures a secure and reliable digital asset firmly rooted in the strength of the local economy. This stablecoin not only promotes financial independence by mitigating volatility but also seamlessly integrates into daily transactions, investments, and international transfers within the NZ financial landscape.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7c7d452 e-con-full e-flex e-con e-child\" data-id=\"7c7d452\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-395069a e-flex e-con-boxed e-con e-child\" data-id=\"395069a\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-8e27374 e-con-full e-flex e-con e-child\" data-id=\"8e27374\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c7f860e elementor-widget elementor-widget-image\" data-id=\"c7f860e\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1536\" height=\"864\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-1536x864.webp\" class=\"attachment-1536x1536 size-1536x1536 wp-image-16595\" alt=\"MakerDAO\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-1536x864.webp 1536w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-300x169.webp 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-1024x576.webp 1024w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-768x432.webp 768w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/MakerDAO-2048x1152.webp 2048w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bba1c5e elementor-widget elementor-widget-heading\" data-id=\"bba1c5e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Maker DAO (DAI) <\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dc5bb14 e-con-full e-flex e-con e-child\" data-id=\"dc5bb14\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-759b762 elementor-widget elementor-widget-text-editor\" data-id=\"759b762\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Type of Stablecoin:<\/strong> Fiat Collateralized\u00a0<br \/><br \/><strong>Governance Model<\/strong>: Decentralized\u00a0<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bcbac02 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"bcbac02\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy DAI<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-dfc2ddb e-con-full e-flex e-con e-child\" data-id=\"dfc2ddb\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a843271 elementor-widget elementor-widget-toggle\" data-id=\"a843271\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1761\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1761\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1761\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1761\"><p><span style=\"color: #000000;\"><a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> has chosen\u00a0<\/span><a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"noopener\">DAI<\/a><span style=\"color: #000000;\"> as a leading stablecoin in NZ due to its distinct qualities of decentralization and its innovative Decentralized Autonomous Organization (DAO) approach. DAI&#8217;s decentralized nature aligns with our commitment to transparency and security in the cryptocurrency space.\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1762\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1762\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1762\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1762\"><p style=\"text-align: center;\"><strong>Pros Maker DAO (DAI):<\/strong><\/p><p><strong>\u2714\ufe0f Decentralization:<\/strong> DAI is created and governed by a decentralized autonomous organization (DAO) called MakerDAO. This decentralization means that there is no single central authority controlling DAI, enhancing transparency and reducing the risk of manipulation.<\/p><p><strong>\u2714\ufe0f Stability:<\/strong> DAI aims to maintain a stable value, often pegged to the US dollar. This stability makes it a reliable medium of exchange and a store of value in the volatile world of cryptocurrencies.<\/p><p><strong>\u2714\ufe0f Collateralization:<\/strong> DAI is backed by collateral in the form of Ethereum (ETH) or other assets, providing security to the ecosystem. This collateralization mechanism helps to ensure the stability of DAI and allows users to monitor the system&#8217;s health.<br \/><br \/><\/p><p style=\"text-align: center;\"><strong>Cons Of Maker DAO (DAI):<\/strong><\/p><p><strong>\u274c Complexity:<\/strong> Creating and managing DAI involves understanding the MakerDAO system, which can be complex for newcomers to cryptocurrency. Users need to be aware of factors like collateralization ratios and liquidation risks.<\/p><p><strong>\u274c Volatility in Collateral:<\/strong> Since DAI is collateralized by assets like Ethereum (ETH), its stability depends on the stability of these collateral assets. If the collateral experiences significant price fluctuations, it can impact the value and stability of DAI<\/p><p><strong>\u274c Liquidation Risks:<\/strong> If the value of the collateral falls below a certain threshold, DAI may be subject to liquidation. Users who have locked up ETH as collateral may risk losing their assets if they cannot maintain the required collateralization ratio.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-1763\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1763\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-1763\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1763\"><p><a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"noopener\">DAI<\/a> is a decentralized stablecoin that operates on the Ethereum blockchain and is governed by the <a href=\"https:\/\/makerdao.com\/en\/\" target=\"_blank\" rel=\"noopener\">Maker DAO protocol<\/a>. Unlike many traditional stablecoins, DAI does not rely on a centralized entity or external assets for its value stability. Instead, it employs a unique mechanism to maintain its price close to that of the US dollar.<\/p><p>To create DAI, individuals can deposit Ethereum (ETH) into Maker&#8217;s reserve vault. This process involves locking up ETH as collateral, which then allows users to mint DAI tokens in return. The collateralized ETH provides security to the DAI ecosystem and helps maintain its stability.<\/p><p>One of DAI&#8217;s primary objectives is to keep its value as close to one US dollar as possible. This pegging to the US dollar makes DAI an attractive option for those seeking a stable digital currency in the volatile cryptocurrency market. Users can utilize DAI for various purposes, including digital payments, trading, and participation in decentralized finance (DeFi) protocols, where price stability is essential.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2542a52 e-flex e-con-boxed e-con e-parent\" data-id=\"2542a52\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-9a1298b e-con-full e-flex e-con e-child\" data-id=\"9a1298b\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-62f05bb e-flex e-con-boxed e-con e-child\" data-id=\"62f05bb\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-40c67f7 e-con-full e-flex e-con e-child\" data-id=\"40c67f7\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5415422 elementor-widget elementor-widget-image\" data-id=\"5415422\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"225\" height=\"225\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/download.png\" class=\"attachment-large size-large wp-image-16409\" alt=\"USDC NZ\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/download.png 225w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/download-150x150.png 150w\" sizes=\"(max-width: 225px) 100vw, 225px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ec63fa8 elementor-widget elementor-widget-heading\" data-id=\"ec63fa8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">USD Coin (USDC)<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6c7818d e-con-full e-flex e-con e-child\" data-id=\"6c7818d\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-971ebb8 elementor-widget elementor-widget-text-editor\" data-id=\"971ebb8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Type of Stablecoin:<\/strong> Fiat Collateralized\u00a0<\/p><p><strong>Governance Model<\/strong>: Centralized<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9919e9d elementor-align-center elementor-widget elementor-widget-button\" data-id=\"9919e9d\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy USDC<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8422302 e-con-full e-flex e-con e-child\" data-id=\"8422302\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d538fbd elementor-widget elementor-widget-toggle\" data-id=\"d538fbd\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2231\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2231\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2231\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2231\"><p><span style=\"color: #000000;\">At<\/span> <a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a><span style=\"color: #000000;\">,\u00a0 we have selected USDC as a stablecoin of choice primarily due to its extensive adoption and its role as a dominant trading pair across various cryptocurrency platforms. This widespread acceptance of USDC in the crypto space enhances liquidity and convenience for New Zealand users. However, it&#8217;s important to note that while we recognize the advantages of USDC, Cryptocurrency NZ&#8217;s preference leans towards more decentralized stablecoins like DAI.<br \/><\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2232\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2232\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2232\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2232\"><p style=\"text-align: center;\"><strong>Pros of USDC:<\/strong><\/p><p><strong>\u2714\ufe0f\u00a0 Stability:<\/strong> USDC is designed to maintain a 1:1 peg with the US dollar, providing users with a stable digital asset that can serve as a reliable store of value and medium of exchange.<\/p><p><strong>\u2714\ufe0f\u00a0 Regulated:<\/strong> USDC is issued and managed by regulated financial institutions, offering users a level of transparency and oversight that can instill trust, especially among institutional investors.<\/p><p><strong>\u2714\ufe0f\u00a0 Widespread Adoption:<\/strong> USDC is widely accepted across a multitude of cryptocurrency exchanges, platforms, and applications, making it readily available for various use cases, including trading, payments, and DeFi protocols.<\/p><p><strong>\u2714\ufe0f\u00a0 Liquidity:<\/strong> The broad adoption of USDC ensures high liquidity, allowing users to easily convert it to other cryptocurrencies or fiat currencies when needed.<\/p><p><strong>\u2714\ufe0f\u00a0 Audited Reserves:<\/strong> USDC issuers regularly undergo audits to verify the 1:1 reserve ratio with US dollars, providing users with confidence in the stability of the stablecoin.<\/p><p style=\"text-align: center;\"><strong>Cons of USDC:<\/strong><\/p><p><strong>\u274c Centralization:<\/strong> While the involvement of regulated institutions adds a layer of trust, it also introduces centralization concerns. USDC&#8217;s issuance and management are controlled by these entities, potentially making it subject to regulatory actions or changes in their policies.<\/p><p><strong>\u274c Counterparty Risk:<\/strong> Users of USDC are exposed to counterparty risk, relying on the financial institutions that back the stablecoin to maintain the proper reserves. Any mismanagement or insolvency of these institutions could impact the value of USDC.<\/p><p><strong>\u274c Regulatory Risks:<\/strong> The regulatory environment for stablecoins like USDC is evolving, and changes in regulations could impact its availability or use in certain jurisdictions.<\/p><p><strong>\u274c Lack of Complete Transparency:<\/strong> While USDC issuers provide regular attestations of reserves, some users may still seek even greater transparency regarding reserve holdings and issuance practices.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2233\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2233\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2233\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2233\"><p><a href=\"https:\/\/www.circle.com\/en\/usdc\" target=\"_blank\" rel=\"noopener\">USDC<\/a>, short for USD Coin, is a stablecoin developed by <a href=\"https:\/\/www.circle.com\/en\/usdc\" target=\"_blank\" rel=\"noopener\">Circle<\/a>, a prominent payments company with support from Goldman Sachs. This digital currency was meticulously designed with the primary aim of catering to the institutional sector within the cryptocurrency space. USDC seeks to provide a high-quality, dependable, and regulated digital currency infrastructure, distinguishing itself with a 1:1 dollar reserve ratio.<\/p><p>USDC&#8217;s commitment to maintaining a 1:1 peg with the US dollar instills confidence among users seeking stability in the often-volatile world of cryptocurrencies. Each USDC token is backed by an equivalent amount of US dollars held in reserve, ensuring that the value remains consistent and reliable.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d0b1e0c e-con-full e-flex e-con e-child\" data-id=\"d0b1e0c\" data-element_type=\"container\">\n\t\t<div class=\"elementor-element elementor-element-d0efb2b e-flex e-con-boxed e-con e-child\" data-id=\"d0efb2b\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-c8189a2 e-con-full e-flex e-con e-child\" data-id=\"c8189a2\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5431092 elementor-widget elementor-widget-image\" data-id=\"5431092\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/tether.to\/en\/\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Tether-USD.png\" class=\"attachment-large size-large wp-image-16593\" alt=\"Tether USD\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Tether-USD.png 200w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/06\/Tether-USD-150x150.png 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-419743b elementor-widget elementor-widget-heading\" data-id=\"419743b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Tether (USDT)<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-d5cdcb8 e-con-full e-flex e-con e-child\" data-id=\"d5cdcb8\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-327dddb elementor-widget elementor-widget-text-editor\" data-id=\"327dddb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong>Type of Stablecoin:<\/strong> Fiat Collateralized\u00a0<\/p><p><strong>Governance Model<\/strong>: Centralized<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3ab6be2 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"3ab6be2\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/easycrypto.ai\/?ref=29640\" target=\"_blank\" rel=\"noopener\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Buy USDT<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-ccc8341 e-con-full e-flex e-con e-child\" data-id=\"ccc8341\" data-element_type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ed15703 elementor-widget elementor-widget-toggle\" data-id=\"ed15703\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2481\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2481\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Why Cryptocurrency NZ Chooses It<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2481\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2481\"><p><span style=\"color: #000000;\">Cryptocurrency NZ has chosen <a href=\"https:\/\/tether.to\/en\/\" target=\"_blank\" rel=\"noopener\">Tether (USDT)<\/a> is a preferred stablecoin for several reasons, including its track record of consistently maintaining a 1:1 peg with the US dollar and its history as a dominant trading pair in the cryptocurrency realm.<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2482\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2482\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Pros & Cons <\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2482\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2482\"><p style=\"text-align: center;\"><strong>Pros of Tether USDT:<\/strong><\/p><p><strong>\u2714\ufe0f Stability:<\/strong> Tether is designed to maintain a 1:1 peg with the US dollar, providing users with a stable digital asset in the often-volatile world of cryptocurrencies. This stability is particularly valuable for risk-averse investors and traders.<\/p><p><strong>\u2714\ufe0f Liquidity:<\/strong> USDT is widely adopted and available on numerous cryptocurrency exchanges, making it a highly liquid asset. Users can easily trade in and out of USDT, providing flexibility and accessibility.<\/p><p><strong>\u2714\ufe0f Fiat On-Ramp:<\/strong> Tether serves as a bridge between traditional fiat currencies and the cryptocurrency market. Users can easily convert their fiat holdings into USDT and vice versa, facilitating seamless entry and exit from the crypto space.<\/p><p><strong>\u2714\ufe0f Trading Pairs:<\/strong> USDT is a dominant trading pair across various cryptocurrency platforms. It is often used as a base currency for trading other cryptocurrencies, providing a stable reference point for pricing.<\/p><p style=\"text-align: center;\"><strong>Cons of Tether USDT:<\/strong><\/p><p><strong>\u274c Regulatory Scrutiny:<\/strong> Tether has faced regulatory scrutiny and legal challenges, including concerns about the adequacy of its reserves and transparency. Regulatory actions against Tether could impact its use and stability.<\/p><p><strong>\u274c Centralization:<\/strong> Tether Limited, the company behind USDT, controls the issuance and management of the stablecoin. This centralized control contrasts with the decentralized ethos of many other cryptocurrencies.<\/p><p><strong>\u274c Counterparty Risk:<\/strong> Users of Tether are exposed to counterparty risk, as they must trust that Tether Limited maintains sufficient reserves to back the issued USDT. Any mismanagement or insolvency of Tether Limited could affect the stability of USDT.<\/p><p><strong>\u274c Market Volatility:<\/strong> While USDT is designed to be stable, it is not entirely immune to market fluctuations. In rare cases, USDT&#8217;s value may deviate slightly from the 1:1 peg, potentially causing concerns among users.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2483\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2483\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Overview<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2483\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2483\"><p><a href=\"https:\/\/tether.to\/en\/\" target=\"_blank\" rel=\"noopener\">Tether<\/a>, denoted by its symbol USDT, has traversed a tumultuous and contentious path throughout its existence within the cryptocurrency landscape. Despite its controversial history, it has managed to establish itself as the most extensively adopted stablecoin in the industry. <a href=\"https:\/\/tether.to\/en\/\" target=\"_blank\" rel=\"noopener\">USDT<\/a> holds a pervasive presence as a dominant trading pair on numerous cryptocurrency platforms and exchanges.<\/p><p>Originally designed to offer stability by being pegged to the value of the US dollar, Tether has faced scrutiny and criticism regarding its reserves and transparency. Nevertheless, its ability to maintain a 1:1 peg with the US dollar has made it a preferred choice for traders and investors seeking a reliable bridge between the crypto and fiat worlds.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8e33839 e-flex e-con-boxed e-con e-parent\" data-id=\"8e33839\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f3ffa2 elementor-widget elementor-widget-heading\" data-id=\"2f3ffa2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Advantages of Stablecoins<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-080da15 elementor-widget elementor-widget-text-editor\" data-id=\"080da15\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u2714\ufe0f\u00a0<\/strong><span style=\"color: #000000;\"><strong>Safe Haven:<\/strong> Stablecoins offer a safe haven for users in the volatile crypto market. Unlike highly volatile cryptocurrencies like Bitcoin or Ethereum Stablecoins maintain a stable value, typically pegged to a fiat currency such as the US dollar or even NZD Dollar.\u00a0<\/span><\/p><p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u2714\ufe0f\u00a0<\/strong><span style=\"color: #000000;\"><strong>Borderless Payments:<\/strong> One of the key advantages of stablecoins is their ability to facilitate borderless payments. Traditional cross-border transactions often involve high fees, delays, and the need for intermediaries such as banks. Stablecoins, on the other hand, operate on blockchain networks, enabling fast, secure, and cost-effective transactions.\u00a0<br \/><\/span><\/p><p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u2714\ufe0f\u00a0<\/strong><span style=\"color: #000000;\"><strong>DeFi and Digital Ownership:<\/strong> Stablecoins play a crucial role in <a href=\"https:\/\/cryptocurrency.org.nz\/get-started\/decentralized-finance-nz\/\">decentralized finance (DeFi)<\/a> ecosystems. Users can leverage tokens to access a wide range of DeFi protocols, including lending and borrowing platforms, <a href=\"https:\/\/cryptocurrency.org.nz\/guides\/decentralized-exchanges-nz\/\">decentralized exchanges<\/a>, and yield farming.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6ebe0d2 e-flex e-con-boxed e-con e-parent\" data-id=\"6ebe0d2\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d048029 elementor-widget elementor-widget-heading\" data-id=\"d048029\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Problems with Stablecoins <\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-44e1fff elementor-widget elementor-widget-text-editor\" data-id=\"44e1fff\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u274c\u00a0<\/strong><span style=\"color: #000000;\"><strong>Centralization:<\/strong> Stablecoins such as USDT and USDC, which are backed by the US dollar, are administered, audited, and issued by centralized reserve bank entities. However, any scrutiny or controversy surrounding the parent company, as observed in the case of Tether, poses a risk to the entire crypto ecosystem due to interdependence.<\/span><\/p><p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u274c\u00a0<\/strong><span style=\"color: #000000;\"><strong>Security Concerns:<\/strong> Collateralized Stablecoins rely on custodians to securely hold the underlying collateral assets. This concentration of risk introduces vulnerabilities, making algorithmic Stablecoins comparatively advantageous. Nevertheless, algorithmic Stablecoins may face the challenge of being under-collateralized.<\/span><\/p><p><strong style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; text-align: var(--text-align); background-color: var(--nv-site-bg); letter-spacing: 0px; color: #333333; font-size: 16px;\">\u274c\u00a0<\/strong><span style=\"color: #000000;\"><strong>Lack of Transparency:<\/strong> Since most Stablecoins are operated by centralized entities, a significant portion of their activities, including their backing, occurs off-chain. This opacity complicates the process of determining whether a stablecoin is fully backed, and obtaining clear answers can be challenging, leaving uncertainties in the minds of users.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-6943c0f e-flex e-con-boxed e-con e-parent\" data-id=\"6943c0f\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e38c6fb elementor-widget elementor-widget-image\" data-id=\"e38c6fb\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"512\" src=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker.png\" class=\"attachment-large size-large wp-image-17011\" alt=\"Cryptocurrency NZ Icon\" srcset=\"https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker.png 512w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-300x300.png 300w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-150x150.png 150w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-270x270.png 270w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-192x192.png 192w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-180x180.png 180w, https:\/\/cryptocurrency.org.nz\/wp-content\/uploads\/2023\/07\/cropped-CNZ-Favicon-Maker-32x32.png 32w\" sizes=\"(max-width: 512px) 100vw, 512px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4931fd2 elementor-widget elementor-widget-heading\" data-id=\"4931fd2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Cryptocurrency NZ Final Verdict<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b5c774b elementor-widget elementor-widget-text-editor\" data-id=\"b5c774b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"color: #000000;\"><a href=\"https:\/\/cryptocurrency.org.nz\/\">Cryptocurrency NZ<\/a> firmly upholds the crypto ideology that champions constant innovation as the key to overcoming challenges rather than relying solely on existing frameworks. We believe in the nature of the crypto space, where adaptability and evolution are at its core. In line with this ethos, we acknowledge that many of the prevailing stablecoins in the market are centralized and deeply entrenched. <\/span><\/p><p><span style=\"color: #000000;\">However, a notable shift is underway as the cryptocurrency community increasingly gravitates toward decentralized alternatives. While it&#8217;s true that some centralized stablecoins offer a user-friendly experience, it&#8217;s essential to be aware of potential limitations. Case in point, certain centralized stablecoins, like Tether (USDT), possess the authority to freeze your USDT under certain circumstances. Such instances underscore the importance of considering alternative options. Hence, our preference for a more decentralized stablecoin like DAI, which embodies principles of decentralization, transparency, and community governance.<\/span><\/p><p>Nevertheless, it&#8217;s paramount for kiwis to recognize that all stablecoins, whether centralized or decentralized, come with inherent risks.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-53b3998 e-flex e-con-boxed e-con e-parent\" data-id=\"53b3998\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-73173c3 elementor-widget elementor-widget-heading\" data-id=\"73173c3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Commonly Asked Questions<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f090730 elementor-widget elementor-widget-toggle\" data-id=\"f090730\" data-element_type=\"widget\" data-widget_type=\"toggle.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-toggle\">\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2521\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2521\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Are Stablecoins, and How Do They Work in New Zealand?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2521\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2521\"><p>Stablecoins are digital currencies designed to maintain a stable value, often pegged to a specific asset like the NZD. They work by using various mechanisms to ensure their value remains constant, offering a reliable medium of exchange and store of value within the New Zealand cryptocurrency ecosystem.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2522\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2522\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What are Crypto Wallets? - Where do I store my cryptocurrency?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2522\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2522\"><p><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); background-color: var(--nv-site-bg); letter-spacing: 0px;\" href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\" target=\"_blank\" rel=\"noopener\">Crypto wallets<\/a>\u00a0are digital vaults where you store your Bitcoin, Ethereum and other digital assets &#8211; acting as your NZ crypto bank account.<\/p>\n<p><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\">There are 5 main types of cryptocurrency wallet, such as <\/span><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\" href=\"https:\/\/cryptocurrency.org.nz\/wallets\/hardware-wallets-nz\/\">Hardware wallets<\/a><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\"> like the <\/span><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\" href=\"https:\/\/cryptocurrency.org.nz\/wallets\/trezor-hardware-wallet-nz\/\">Trezor<\/a><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\"> and <\/span><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\" href=\"https:\/\/cryptocurrency.org.nz\/wallets\/ledger-hardware-wallet-nz\/\">Ledger<\/a><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\"> or software wallets like <\/span><a style=\"font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\" href=\"https:\/\/cryptocurrency.org.nz\/wallets\/exodus-wallet-nz\/\">Exodus<\/a><span style=\"color: var( --e-global-color-text ); font-family: var( --e-global-typography-text-font-family ), Sans-serif; font-weight: var( --e-global-typography-text-font-weight ); letter-spacing: 0px; background-color: var(--nv-site-bg);\">.<\/span><\/p>\n<p>Which you can learn about in our <a href=\"https:\/\/cryptocurrency.org.nz\/wallets\/\">Best Bitcoin, Ethereum &amp; Crypto Wallets in New Zealand Guide<\/a>. \ud83d\udc49<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2523\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2523\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">Are there any requirements to buy stablecoins in NZ?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2523\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2523\"><p>New Zealand anti-money laundering laws <a href=\"https:\/\/www.dia.govt.nz\/AML-CFT-Legislation#:~:text=About%20the%20AML%2FCFT%20Act&amp;text=The%20Act%20ensures%20that%20businesses,force%20on%2030%20June%202013.]\" target=\"_blank\" rel=\"noopener\">(AML)<\/a> require all Kiwis to verify their identities before they can buy and sell cryptocurrency through regulated NZ crypto trading platforms, such as Easy Crypto, BitPrime and beyond.\u00a0<\/p><p><strong>Alternatives<\/strong> to using regulated services to acquire crypto include <a href=\"https:\/\/cryptocurrency.org.nz\/cryptocurrency-mining-nz\/\" target=\"_blank\" rel=\"noopener\">crypto mining<\/a>, <a href=\"https:\/\/cryptocurrency.org.nz\/marketplace\/\">buying P2P<\/a>,\u00a0 <a href=\"https:\/\/www.airdropsmob.com\/\" target=\"_blank\" rel=\"noopener\">airdrops<\/a>, Bitcoin ATMs, and <a href=\"https:\/\/cryptocurrency.org.nz\/guides\/decentralized-exchanges-nz\/\" target=\"_blank\" rel=\"noopener\">decentralized exchanges<\/a>. You can also receive crypto by accepting it as payment for the goods and services you sell, or doing work in exchange for stablecoins.\u00a0<\/p><p><strong>To verify an account with an NZ exchange, you need to:<\/strong><\/p><p>&#8211; Be 18 years or above.<br \/>&#8211; Have a valid NZ passport or drivers license.<br \/>&#8211; Have an NZ bank account under your own name.<br \/>&#8211; Have $40 to meet minimum order requirements.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2524\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2524\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">How Can I Convert Stablecoins Back to New Zealand Dollars (NZD)?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2524\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2524\"><p>To convert stablecoins back to New Zealand Dollars (NZD), you can use crypto exchanges that support stablecoin-to-NZD trading pairs. You would initiate a withdrawal to your linked bank account to receive the NZD equivalent. Ensure the exchange you choose complies with local regulations.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2525\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-2525\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">What Stablecoin Options Are Available for New Zealanders?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2525\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-2525\"><p>New Zealand residents have access to a variety of stablecoin options, including widely recognized ones like Tether (USDT), USD Coin (USDC), and DAI. It&#8217;s essential to research and choose stablecoins that align with your specific needs and preferences, considering factors like stability, transparency, and decentralization.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-toggle-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2526\" class=\"elementor-tab-title\" data-tab=\"6\" role=\"button\" aria-controls=\"elementor-tab-content-2526\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon elementor-toggle-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-closed\"><i class=\"fas fa-caret-right\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-toggle-icon-opened\"><i class=\"elementor-toggle-icon-opened fas fa-caret-up\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-toggle-title\" tabindex=\"0\">How Can I Buy and Use Stablecoins in New Zealand?<\/a>\n\t\t\t\t\t<\/div>\n\n\t\t\t\t\t<div id=\"elementor-tab-content-2526\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"6\" role=\"region\" aria-labelledby=\"elementor-tab-title-2526\"><p>You can purchase stablecoins in New Zealand through various cryptocurrency exchanges that support NZD transactions. Once acquired, you can store them in a compatible cryptocurrency wallet. Stablecoins can be used for a range of purposes, including online transactions, trading on cryptocurrency exchanges, and participation in decentralized finance (DeFi) protocols.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-fd3b3a5 e-flex e-con-boxed e-con e-parent\" data-id=\"fd3b3a5\" data-element_type=\"container\" data-settings=\"{&quot;shape_divider_bottom&quot;:&quot;pyramids&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-shape elementor-shape-bottom\" data-negative=\"false\">\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 1000 100\" preserveAspectRatio=\"none\">\n\t<path class=\"elementor-shape-fill\" d=\"M761.9,44.1L643.1,27.2L333.8,98L0,3.8V0l1000,0v3.9\"\/>\n<\/svg>\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7c5c803 elementor-widget elementor-widget-spacer\" data-id=\"7c5c803\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>What Are Stablecoins in New Zealand? Blockchain technology, which powers various volatile cryptocurrencies, also serves as the foundation for the development of Stablecoins. These digital currencies provide a reliable and consistent value, distinguishing them from their highly fluctuating counterparts. In this guide, Cryptocurrency NZ will delve into the history and features of Stablecoins \u2013 and&hellip;&nbsp;<a href=\"https:\/\/cryptocurrency.org.nz\/stablecoins-nz\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Stablecoins NZ &#8211; New Zealand&#8217;s Cryptocurrency Guide (2024)<\/span><\/a><\/p>\n","protected":false},"author":7,"featured_media":16466,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"page-templates\/template-pagebuilder-full-width.php","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"neve_meta_sidebar":"full-width","neve_meta_container":"","neve_meta_enable_content_width":"on","neve_meta_content_width":100,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"_links":{"self":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/pages\/20109"}],"collection":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/comments?post=20109"}],"version-history":[{"count":85,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/pages\/20109\/revisions"}],"predecessor-version":[{"id":22763,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/pages\/20109\/revisions\/22763"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media\/16466"}],"wp:attachment":[{"href":"https:\/\/cryptocurrency.org.nz\/wp-json\/wp\/v2\/media?parent=20109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}