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The country’s Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
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![New Zealand Central Banker Adrian Orr Says Stablecoins Aren’t Stable: Report](https://bankingandinsurance.in/wp-content/uploads/https://www.coindesk.com/resizer/1nPj-a4DdSNdUAivAihQrmAiRRE=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2F6KI3OI45DZ5CUZC4RPJMZCA4.jpg)
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The country’s Central Banker says fiat money is more credible than stablecoins because it has the power of government behind it.
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