NakaDollar (NUSD), Satoshi Nakamoto Dollar
NakaDollar (NUSD), Satoshi Nakamoto Dollar - a decentralized stablecoin proposed by BitMEX co-founder Arthur Hayes, 1 NUSD maintains peg to U.S. dollar and is backed by bitcoin
NakaDollar (NUSD), Satoshi Nakamoto Dollar
NakaDollar (NUSD), Satoshi Nakamoto Dollar - a decentralized stablecoin proposed by BitMEX co-founder Arthur Hayes, 1 NUSD maintains peg to U.S. dollar and is backed by bitcoin
![Hayes Explains Problems With Stablecoins, Proposes a New Type](/content/images/size/w600/2023/03/Arthur-Hayes-NUSD-Nakamoto-USD-article-cover.png)
Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, criticized both custodian and decentralized stablecoins and proposed a new stablecoin called the Satoshi Nakamoto Dollar, or NakaDollar (NUSD). Unlike existing stablecoins, NUSD would be supported only by Bitcoin.
by Alex Harutunian![Hayes Explains Problems With Stablecoins, Proposes a New Type](/content/images/size/w600/2023/03/Arthur-Hayes-NUSD-Nakamoto-USD-article-cover.png)
Arthur Hayes, the co-founder and former CEO of crypto exchange BitMEX, criticized both custodian and decentralized stablecoins and proposed a new stablecoin called the Satoshi Nakamoto Dollar, or NakaDollar (NUSD). Unlike existing stablecoins, NUSD would be supported only by Bitcoin.
by Alex Harutunian