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BitMEX

Explore BitMEX's influence on the derivatives market within the cryptocurrency space, emphasizing trading strategies and insights.

BitMEX

Explore BitMEX's influence on the derivatives market within the cryptocurrency space, emphasizing trading strategies and insights.

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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