What's at stake: NZ crypto retailer Easy Crypto is launching its own "stable coin", a class of cryptocurrency developed to try and tackle the wild fluctuations often seen in the price of different cryptotokens.
Background: The volatility in cryptocurrency prices and the challenge of storing digital assets safely are seen as major barriers to crypto adoption.
Main players: Easy Crypto, Janine Grainger, FMA.
Local crypto retailer Easy Crypto is broadening its product offering to customers with the launch of its own “stable coin”, as well as a wallet for customers to hold their digital assets.
The company believes the products were a step towards addressing two of what were said to be the biggest
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Key points
What's at stake: NZ crypto retailer Easy Crypto is launching its own "stable coin", a class of cryptocurrency developed to try and tackle the wild fluctuations often seen in the price of different cryptotokens.
Background: The volatility in cryptocurrency prices and the challenge of storing digital assets safely are seen as major barriers to crypto adoption.
