Introducing NZDD for businesses
NZDD is your gateway to the future of finance, harnessing the benefits of blockchain technology, combined with the trust and stability of the New Zealand Dollar.
Every NZDD is backed 1-to-1 with NZ dollars, but is available instantly, globally, 24/7
Benefits for businesses
Learn how NZDD can benefit businesses, from small enterprises to international corporations.
Pay salaries remotely
NZDD can be sent and received from anywhere in the world. For example, you don’t have to rely on a chain of banking partners to send NZDD from a big city to the remotest village.
Better foreign exchange rates
Easily exchange New Zealand Dollars to major currencies at an amazing exchange rate using NZDD. Many decentralised exchanges offer better foreign exchange rates for New Zealand dollars, giving you another option to hold or pay using foreign currencies using foreign stablecoins.
Receive customer payments
You no longer need to pay vendor fees each time you set up a connection to a different bank. Your customers could choose to pay you with NZDD, giving you access to more customers even without opening additional bank accounts. Sending and receiving NZDD also does not incur additional fees other than the blockchain network fee.
NZDD for businesses
NZDD empowers businesses to do more with New Zealand Dollars.
In the digital age, your financial side of the business can be automated. Pay employee salaries and purchase supplies from local and international markets without the delay or high transfer fees.
Receive customer payments with a payment network that runs 24/7, even during bank holidays.
Why NZDD?
NZDD is a safe and trusted cryptocurrency to get involved in New Zealand's blockchain-based financial world. Whether you want to invest in crypto, or save for the long term, NZDD is a safe and stable crypto for the purpose. It's always 100% backed by NZD held in New Zealand banks.
Transparent & secure
NZDD maintains transparency by utilising blockchain technology on one of the most secure and decentralised networks to date
Stability you can trust
Every unit of NZDD token is backed by real NZ dollar held in a New Zealand bank account.
Pay bills and invoices
You can use NZDD in your daily life, such as for paying utility bills and invoices via Billpay thanks to PayitNow
Fast, safe and instant
Transact and use NZDD fast, safely and seamlessly 365 days a year, 24/7. Send money back home or anywhere in the world easily.
Earn passive Income
You can earn trading fees on Uniswap by adding NZDD to a liquidity pool, while keeping it safe under your custody.
Future scalability
NZDD is designed with scalability and the future in mind to meet the evolving needs of the industry.
FAQs
The NZDD is a stablecoin that is backed 1-to-1 to New Zealand Dollars (NZD). It is issued by ECDD Holdings Ltd., and all redeemable NZD cash collateral are held in a bare trust at a local bank.
If you're a crypto trader or investor, you can use NZDD rather than USD stablecoins to protect against the volatility of holding foreign currencies.
If you're a local or international business, you can hold a reserve of NZDD to pay your employees quickly and affordably with blockchain technology.
You can also accept NZDD as a crypto payment method, and easily convert them into cash through an exchange, without worrying about volatility.
NZDD is a stablecoin on Ethereum and other compatible networks. You can buy and sell NZDD with other partner exchanges, and store them in all Ethereum-compatible wallets such as Metamask, Rabby Wallet, TrustWallet, and more.
You can also transfer NZDD to a wallet address and use smart contracts, the same way you could transact with any other stablecoins.
You can swap NZDD with other tokens on Uniswap and other Ethereum-compatible decentralised exchanges when a liquidity pool is available in them.