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Cryptopolitan 2024-02-12 06:15:45

New Zealand  bank governor Adrian Orr slams stable coins as ‘Oxymorons

In a recent statement, Adrian Orr, the governor of the Reserve Bank of New Zealand, expressed skepticism and concern regarding the use of stablecoins as substitutes for traditional fiat currencies. Orr’s remarks were made during a session with a parliamentary committee in Wellington, where he emphasized the inherent risks associated with stablecoins, asserting that they

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