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Bitcoin $82,444.00 -10.06%
Ethereum $2,686.70 -10.70%
BNB $817.88 -9.22%
Optimism $0.33 -15.09%
Arbitrum $0.20 -14.80%
Solana $126.32 -11.06%
Polygon $0.22 +2.77%
Cosmos $2.60 -16.24%
Avalanche $13.09 -8.26%

Arthur Hayes

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Satoshi Nakamoto Dollar by BitMEX Former CEO

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.