Introducing NZDD for individuals
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 individuals
NZDD provides multiple benefits for everyone.
Spend on merchants
NZDD maintains a 1:1 value with traditional NZD, which means you can use it to pay bills and shop where NZDD is accepted.
Get paid in NZDD
Utilising a payment network that never sleeps, your employer could pay you New Zealand Dollars using NZDD, any time, anywhere, even if you live overseas. NZDD works almost like hard cash, which means it is independent of conventional bank transfer networks.
Send money internationally
NZDD uses innovative ways to be sent across the globe. It can be done quicker and cheaper than the traditional way of sending money through international wire via conventional banks. NZDD is also easily convertible to other foreign stablecoins, such as USD Coin, at a more effective exchange rate than anywhere else.
Invest in crypto
NZDD uses the same technology behind cryptocurrencies. This means for crypto investors, buying and selling crypto with the dollar has never been so seamless. Skip the banking delays, and buy or sell crypto exactly when you want to.
NZDD for individuals
NZDD empowers individuals to do more with their dollars.
In a more connected world, using digital finance technologies, you can invest in novel assets like cryptocurrencies, and make fast and affordable international transfers, in addition to daily activities like shopping, paying bills, and earning income.
Why NZDD?
NZDD is a safe and trusted cryptocurrency for Kiwis to get involved in the digital finance revolution. Whether you want to trade between cryptos or store your funds for the longer term NZDD is a safe choice backed 1:1 by the New Zealand Dollar and held on NZ shores.
Transparent & secure
NZDD maintains transparency by undergoing regular audits conducted by a leading big 4 auditor.
Stability you can trust
Every NZDD token is backed 1-to-1 by an audited reserve of cash.
Available when you need it
Send, receive and transact wherever and whenever you need it. NZDD is accessible even when banks are closed.
Speedy
Transact and use NZDD fast, safely and seamlessly 365 days a year, 24/7.
Passive Income
You can add your NZDD to a Uniswap liquidity pool and earn passive staking rewards 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.