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Bitcoinist
2023-03-09 14:20:04

Bitmex Co-Founder Calls For A Bitcoin-Based Stablecoin

Bitmex Co-Founder Calls For A Bitcoin-Based Stablecoin

Former CEO and co-founder of BitMex crypto exchange Arthur Hayes proposed a new stablecoin design with a value pegged to Bitcoin. He called it Satoshi Nakamoto Dollar (NUSD) or NakaDollar. The crypto community continues supporting stablecoins despite several misgivings among global regulators and central banks. However, the vast majority of stablecoins are pegged to fiat

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