NZDs is a stablecoin backed 1:1 with physical New Zealand Dollars held in a cash and cash equivalent treasury managed by a New Zealand registered Financial Services Provider (FSP). The New Zealand Dollar cash (and cash equivalents) underlying NZDs are held on bare trust for holders of NZDs under a bare trust deed, ensuring that the trust funds of Holders will not be included in the assets of the NZDs issuer in case of liquidation. New Zealand's currency is known for its adaptability, resilience, and market trust, being the 10th most traded currency globally. The NZD stablecoin offers cryptocurrency users the stability and utility of the New Zealand Dollar combined with the versatility of a cryptocurrency. NZDs have robust governance, management, and transparency processes and procedures, with a strong focus on day-to-day operations and compliance. Techemynt, a Registered Financial Service Provider (FSP: 9429048880428), is the issuer of NZDs and offers them to individuals with an account on the Techemynt portal. NZDs will also be listed on exchanges for secondary trading, while Techemynt generates returns through interest on the deposited New Zealand Dollars and market stabilization of NZDs.