Novice o nUSD

Overcoming Stablecoin Concerns Arthur Hayes, former CEO of the crypto asset (virtual currency) derivatives exchange BitMEX, announced on the 8th that the stable coin “Satoshi Nakamoto Dollar, NakaDollar (NUSD)” backed by the delta-neutral position...

BitMEX co-founder Arthur Hayes has proposed a Bitcoin-backed dollar-pegged stablecoin NakaDollar (NUSD) which would be backed by $1 Bitcoin and one inverse perpetual swap of BTC against USD. The post BitMEX co-founder Arthur Hayes proposes...