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## New Zealand’s Largest Cryptocurrency Retailer Launching First Stablecoin

### Easy Crypto Introduces NZDD Coin as a Reliable Choice for Transactions

Auckland-based Easy Crypto is set to unveil its NZDD coin, the company’s first stablecoin, which will be backed one-to-one to the New Zealand dollar. This move marks a significant development in the cryptocurrency industry in New Zealand.

#### Bridge between Traditional Finance and Digital Age

The Chief Executive of Easy Crypto, Janine Grainger, highlighted the significance of stablecoin as a cryptocurrency that can bridge the gap between traditional finance and the digital age. The stablecoin is essentially tied to an existing asset, providing a practical and viable choice for transactions.

##### Advantages of Stablecoin

Grainger pointed out the advantages of stablecoin, stating that it provides an easy way for individuals already involved in crypto assets to move in and out of the stable-store-a value into more volatile currencies. This can be done near-instantly 24/7 with very low fees. Additionally, she expressed her belief that assets are increasingly digitizing, and in the next 10 to 20 years, most assets will transition into digital forms in some sort of tokenized version.

###### Growing Adoption of Cryptocurrency in Business

The adoption of cryptocurrency in business transactions is on the rise, with a growing number of businesses and institutional customers turning to cryptocurrency to manage their payments and billing. Grainger noted that businesses are taking advantage of the lower fees for cross-border payments, and more businesses are accepting cryptocurrency as a form of payment.

####### Easy Crypto’s Digital Wallet

In addition to the launch of the NZDD coin, Easy Crypto is also introducing a digital wallet designed to streamline safe storage of assets online. Grainger emphasized the need to simplify the crypto experience by offering a secure, all-in-one solution for both beginners and seasoned crypto investors.

######## Expansion and Growth

Easy Crypto, which initially launched its exchange six years ago, has experienced significant growth and expansion, establishing a presence in Australia and South Africa. With over 100,000 users, the company has transacted over $2 billion in total sales to date.

## How AI legalese decoder can Help

AI legalese decoder can assist Easy Crypto in navigating the legalities and complexities associated with introducing a stablecoin and expanding into new markets. The platform can provide accurate and efficient decoding of legal documents and regulations related to cryptocurrency, ensuring compliance and facilitating a seamless expansion process. Additionally, AI legalese decoder can analyze and decipher complex legal language, enabling Easy Crypto to make well-informed decisions and mitigate legal risks effectively.

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