NZDD is a stablecoin designed to unlock a more secure and transparent digital future. Every NZDD token represents the value of one NZD, is backed 1-to-1 by New Zealand Dollars (NZD) and is issued by ECDD Holdings Ltd. Each NZDD cryptocurrency is redeemable for NZD cash collateral held in a bare trust at a local New Zealand Bank.
NZDD was incepted by the founders of Easy Crypto, Janine and Alan Grainger. Their vision was to create a more secure and transparent financial ecosystem for New Zealand.
Today, through various partnerships, NZDD is utilised as one of the payment methods in New Zealand. The reserve of cash that backs the value of each token is accounted for with monthly aduits, enforcing its reliability as a store of value that is fully compliant with NZ financial regulations.
Where to buy NZDD?
There are various ways to buy NZDD with NZD, another crypto asset or another fiat currency. You can do this by directly buying NZDD (NZDD) from a person, buying through a decentralised or centralised exchange that supports it, or through Swyftx.
Swyftx allows you to buy NZDD using NZD directly, while also supporting low fees, spreads and a range of other assets available to trade.