NZDD is now available on Base, expands DeFi potential

NZDD has officially launched on Base, a fast-growing Ethereum Layer-2 blockchain. This follows NZDD’s successful debut on Polygon, where it gained strong community support. Now, with a massive user base on Base, NZDD’s potential in decentralized finance (DeFi) just got even bigger.  

Here’s what this means for you:

1. Ultra-cheap and near-instant transactions

Swap or send with fees close to zero, within seconds. Base is also built on top of Ethereum, which means the blockchain inherits the security of the world’s second-biggest crypto network.

2. Access to top DeFi platforms

Use NZDD on popular apps like Uniswap, Aave, and Aerodrome to earn yield or trade assets. Ever dream of having a micro-bank to generate passive income for you? With the right DeFi platform, you can lend your NZDD securely and earn interest.

3. Global payments

Send the equivalent of New Zealand dollars to anyone, anywhere, 24/7. Do traditional banks or borders slow you down? Some of our large-volume holders of NZDD use it to make instant payments and through Easy Crypto, recipients can very easily convert NZDD back to real cash.

Check out the official NZDD contract on Base to verify that it’s there.  

How it has been

Since launching on Base, NZDD has gained serious momentum. The low transaction fees have attracted many new crypto users, causing user adoption to surge. According to our blockchain analytics, as of publishing date, over $2 million worth of NZDD has exchanged hands, which is 100 times the amount issued on Base so far. 

Base, developed by Coinbase, offers near-zero transaction fees and blazing-fast speeds. This upgrade solves a major pain point: expensive and slow blockchain transactions on Ethereum. Now, sending NZDD costs pennies and takes seconds.

What’s next?

The team plans to launch NZDD on more blockchains soon, expanding its reach across the crypto world. Thanks to Base’s tech (built using Optimism chain’s technology stack), once it is available on Optimism, you may bridge NZDD effortlessly between Base and Optimism. As an NZ dollar-backed stablecoin, NZDD will also expand access to blockchain-based forex markets, letting you trade global currencies 24/7 without traditional brokers.

NZDD’s move to Base isn’t just a tech upgrade—it’s a leap toward making digital dollars accessible, efficient, and powerful. Whether you’re a DeFi veteran or just starting out, NZDD now puts the full potential of blockchain finance in your hands.  Stay tuned for more updates as NZDD continues to revolutionize stablecoins!