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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
Stablecoins   -   Mar 29, 2023 Hayes Explains Problems With Stablecoins, Proposes a New Type

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.

Alex Harutunian
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Stablecoins   -   Mar 29, 2023 Hayes Explains Problems With Stablecoins, Proposes a New Type
Hayes Explains Problems With Stablecoins, Proposes a New Type

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.

Alex Harutunian
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