Crypto Market

    Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?

    Crypto Billionaire Arthur Hayes Proposes Bitcoin-Based USD Stablecoin – How Would it Work?

    Crypto billionaire Arthur Hayes has proposed a Bitcoin-backed stablecoin. The stablecoin’s value would need help from exchanges to maintain its $1 peg.
    In a recent blog post, the former CEO of BitMex proposed the Satoshi Nakamoto Dollar, NakaDollar ($NUSD), which would rely upon derivatives exchanges that list liquid inverse perpetual swaps…
    Read More

    Related Posts

    Add A Comment

    Leave A Reply

    bitcoin
    Bitcoin (BTC) $ 28,375.60
    ethereum
    Ethereum (ETH) $ 1,814.18
    tether
    Tether (USDT) $ 1.01
    bnb
    BNB (BNB) $ 338.14
    usd-coin
    USD Coin (USDC) $ 1.00
    xrp
    XRP (XRP) $ 0.462862
    cardano
    Cardano (ADA) $ 0.372954
    dogecoin
    Dogecoin (DOGE) $ 0.07691
    staked-ether
    Lido Staked Ether (STETH) $ 1,812.53
    matic-network
    Polygon (MATIC) $ 1.16
    solana
    Solana (SOL) $ 22.58
    binance-usd
    Binance USD (BUSD) $ 1.01
    polkadot
    Polkadot (DOT) $ 6.39
    shiba-inu
    Shiba Inu (SHIB) $ 0.000011
    tron
    TRON (TRX) $ 0.067493
    litecoin
    Litecoin (LTC) $ 82.33
    avalanche-2
    Avalanche (AVAX) $ 17.62
    dai
    Dai (DAI) $ 1.00
    uniswap
    Uniswap (UNI) $ 6.47
    wrapped-bitcoin
    Wrapped Bitcoin (WBTC) $ 28,308.58
    chainlink
    Chainlink (LINK) $ 7.50
    the-open-network
    Toncoin (TON) $ 2.42
    cosmos
    Cosmos Hub (ATOM) $ 11.97
    leo-token
    LEO Token (LEO) $ 3.55
    ethereum-classic
    Ethereum Classic (ETC) $ 20.96
    monero
    Monero (XMR) $ 154.31
    okb
    OKB (OKB) $ 45.58
    bitcoin-cash
    Bitcoin Cash (BCH) $ 134.07
    stellar
    Stellar (XLM) $ 0.095986
    filecoin
    Filecoin (FIL) $ 5.91
    aptos
    Aptos (APT) $ 12.20
    lido-dao
    Lido DAO (LDO) $ 2.40
    true-usd
    TrueUSD (TUSD) $ 1.01
    hedera-hashgraph
    Hedera (HBAR) $ 0.06424
    quant-network
    Quant (QNT) $ 130.95
    crypto-com-chain
    Cronos (CRO) $ 0.072002
    near
    NEAR Protocol (NEAR) $ 2.07
    vechain
    VeChain (VET) $ 0.023769
    algorand
    Algorand (ALGO) $ 0.223792
    internet-computer
    Internet Computer (ICP) $ 5.31
    blockstack
    Stacks (STX) $ 1.13
    apecoin
    ApeCoin (APE) $ 4.14
    the-graph
    The Graph (GRT) $ 0.153364
    fantom
    Fantom (FTM) $ 0.48557
    eos
    EOS (EOS) $ 1.18
    the-sandbox
    The Sandbox (SAND) $ 0.671225
    aave
    Aave (AAVE) $ 79.44
    decentraland
    Decentraland (MANA) $ 0.617361
    flow
    Flow (FLOW) $ 1.07
    elrond-erd-2
    MultiversX (EGLD) $ 43.84
    immutable-x
    ImmutableX (IMX) $ 1.27
    tezos
    Tezos (XTZ) $ 1.19
    theta-token
    Theta Network (THETA) $ 1.05
    frax
    Frax (FRAX) $ 1.00
    axie-infinity
    Axie Infinity (AXS) $ 8.84
    kucoin-shares
    KuCoin (KCS) $ 9.34
    havven
    Synthetix Network (SNX) $ 2.85
    neo
    NEO (NEO) $ 12.28
    conflux-token
    Conflux (CFX) $ 0.40822
    optimism
    Optimism (OP) $ 2.64
    bitdao
    BitDAO (BIT) $ 0.560091
    rocket-pool
    Rocket Pool (RPL) $ 40.82
    curve-dao-token
    Curve DAO (CRV) $ 1.00
    terra-luna
    Terra Luna Classic (LUNC) $ 0.000131
    paxos-standard
    Pax Dollar (USDP) $ 1.00
    gatechain-token
    Gate (GT) $ 5.36
    mina-protocol
    Mina Protocol (MINA) $ 0.842447
    usdd
    USDD (USDD) $ 1.00
    klay-token
    Klaytn (KLAY) $ 0.23576
    bitcoin-sv
    Bitcoin SV (BSV) $ 37.16
    pancakeswap-token
    PancakeSwap (CAKE) $ 3.85
    gmx
    GMX (GMX) $ 81.39
    whitebit
    WhiteBIT Token (WBT) $ 4.79
    chiliz
    Chiliz (CHZ) $ 0.123691
    huobi-token
    Huobi (HT) $ 4.05
    dash
    Dash (DASH) $ 58.68
    maker
    Maker (MKR) $ 691.63
    ecash
    eCash (XEC) $ 0.000032
    iota
    IOTA (MIOTA) $ 0.219159
    frax-share
    Frax Share (FXS) $ 8.16
    bittorrent
    BitTorrent (BTT) $ 0.00000062884749
    singularitynet
    SingularityNET (AGIX) $ 0.475885
    bitget-token
    Bitget Token (BGB) $ 0.395265
    xdce-crowd-sale
    XDC Network (XDC) $ 0.039813
    compound-ether
    cETH (CETH) $ 36.23
    edgecoin-2
    Edgecoin (EDGT) $ 1.01
    trust-wallet-token
    Trust Wallet (TWT) $ 1.25
    tokenize-xchange
    Tokenize Xchange (TKX) $ 6.44
    pax-gold
    PAX Gold (PAXG) $ 1,957.41
    tether-gold
    Tether Gold (XAUT) $ 1,980.71
    render-token
    Render (RNDR) $ 1.32
    zilliqa
    Zilliqa (ZIL) $ 0.028731
    osmosis
    Osmosis (OSMO) $ 0.836159
    1inch
    1inch (1INCH) $ 0.538191
    loopring
    Loopring (LRC) $ 0.356908
    arweave
    Arweave (AR) $ 8.86
    thorchain
    THORChain (RUNE) $ 1.46
    kava
    Kava (KAVA) $ 0.955888
    radix
    Radix (XRD) $ 0.042162
    compound-usd-coin
    cUSDC (CUSDC) $ 0.022829
    convex-finance
    Convex Finance (CVX) $ 5.60
    rocket-pool-eth
    Rocket Pool ETH (RETH) $ 1,942.80
    fetch-ai
    Fetch.ai (FET) $ 0.398677
    oec-token
    OKC Token (OKT) $ 22.98
    casper-network
    Casper Network (CSPR) $ 0.037673
    enjincoin
    Enjin Coin (ENJ) $ 0.409492
    magic
    Magic (MAGIC) $ 1.89
    zcash
    Zcash (ZEC) $ 36.60
    mask-network
    Mask Network (MASK) $ 5.26
    gemini-dollar
    Gemini Dollar (GUSD) $ 1.00
    defichain
    DeFiChain (DFI) $ 0.58462
    dydx
    dYdX (DYDX) $ 2.59
    floki
    FLOKI (FLOKI) $ 0.00004
    nexo
    NEXO (NEXO) $ 0.69155
    btse-token
    BTSE Token (BTSE) $ 2.37
    ethereum-pow-iou
    EthereumPoW (ETHW) $ 3.53
    basic-attention-token
    Basic Attention (BAT) $ 0.252403
    wemix-token
    WEMIX (WEMIX) $ 1.51
    cdai
    cDAI (CDAI) $ 0.022195
    ethereum-name-service
    Ethereum Name Service (ENS) $ 14.32
    flare-networks
    Flare (FLR) $ 0.030903
    nem
    NEM (XEM) $ 0.0407
    baby-doge-coin
    Baby Doge Coin (BABYDOGE) $ 0.00000000228161
    woo-network
    WOO Network (WOO) $ 0.210376
    nxm
    Nexus Mutual (NXM) $ 51.65
    terra-luna-2
    Terra (LUNA) $ 1.46
    qtum
    Qtum (QTUM) $ 3.24
    injective-protocol
    Injective (INJ) $ 4.21
    holotoken
    Holo (HOT) $ 0.00188
    theta-fuel
    Theta Fuel (TFUEL) $ 0.054458
    gala
    GALA (GALA) $ 0.043635
    ravencoin
    Ravencoin (RVN) $ 0.027647
    blox
    Blox (CDT) $ 0.485506
    aleph-zero
    Aleph Zero (AZERO) $ 1.44
    kusama
    Kusama (KSM) $ 35.14
    celo
    Celo (CELO) $ 0.637625
    compound-governance-token
    Compound (COMP) $ 45.40
    access-protocol
    Access Protocol (ACS) $ 0.009896
    oasis-network
    Oasis Network (ROSE) $ 0.06099
    astar
    Astar (ASTR) $ 0.070014
    gains-farm
    Gains Farm (GFARM2) $ 8,467.62
    decred
    Decred (DCR) $ 20.20
    gnosis
    Gnosis (GNO) $ 113.65
    bitcoin-gold
    Bitcoin Gold (BTG) $ 16.76
    yearn-finance
    yearn.finance (YFI) $ 8,854.04
    ankr
    Ankr Network (ANKR) $ 0.035119
    olympus
    Olympus (OHM) $ 10.30
    beldex
    Beldex (BDX) $ 0.054886
    audius
    Audius (AUDIO) $ 0.286695
    link
    LINK (LN) $ 42.06
    safemoon
    SafeMoon [OLD] (SAFEMOON) $ 0.00000000696987
    kaspa
    Kaspa (KAS) $ 0.01588
    bone-shibaswap
    Bone ShibaSwap (BONE) $ 1.19
    ssv-network
    SSV Network (SSV) $ 38.93
    nucypher
    NuCypher (NU) $ 0.208978
    balancer
    Balancer (BAL) $ 6.79
    harmony
    Harmony (ONE) $ 0.021855
    liquity-usd
    Liquity USD (LUSD) $ 1.02
    chia
    Chia (XCH) $ 38.71
    stepn
    STEPN (GMT) $ 0.411862
    omisego
    OMG Network (OMG) $ 1.84
    huobi-btc
    Huobi BTC (HBTC) $ 28,260.57
    astrafer
    Astrafer (ASTRAFER) $ 1.63
    convex-crv
    Convex CRV (CVXCRV) $ 0.874024
    gains-network
    Gains Network (GNS) $ 8.21
    golem
    Golem (GLM) $ 0.247684
    iotex
    IoTeX (IOTX) $ 0.02592
    just
    JUST (JST) $ 0.027288
    jasmycoin
    JasmyCoin (JASMY) $ 0.005007
    moonbeam
    Moonbeam (GLMR) $ 0.398822
    blur
    Blur (BLUR) $ 0.568704
    kadena
    Kadena (KDA) $ 1.04
    ecomi
    ECOMI (OMI) $ 0.000853
    waves
    Waves (WAVES) $ 2.29
    amp-token
    Amp (AMP) $ 0.004074
    escoin-token
    Escoin (ELG) $ 2.84
    sushi
    Sushi (SUSHI) $ 1.18
    dao-maker
    DAO Maker (DAO) $ 1.51
    liquity
    Liquity (LQTY) $ 2.44
    tether-eurt
    Euro Tether (EURT) $ 1.08
    terrausd
    TerraClassicUSD (USTC) $ 0.022616
    frax-ether
    Frax Ether (FRXETH) $ 1,813.86
    band-protocol
    Band Protocol (BAND) $ 1.77
    siacoin
    Siacoin (SC) $ 0.004127
    icon
    ICON (ICX) $ 0.221879
    biconomy
    Biconomy (BICO) $ 0.417577
    ontology
    Ontology (ONT) $ 0.235713
    iostoken
    IOST (IOST) $ 0.010956
    0x
    0x (ZRX) $ 0.237839
    mx-token
    MX (MX) $ 2.01
    bitcoin-avalanche-bridged-btc-b
    Bitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 28,229.56
    nervos-network
    Nervos Network (CKB) $ 0.005859
    dogelon-mars
    Dogelon Mars (ELON) $ 0.00000035454799
    multichain
    Multichain (MULTI) $ 9.98
    alchemy-pay
    Alchemy Pay (ACH) $ 0.038818
    zelcash
    Flux (FLUX) $ 0.639298
    reserve-rights-token
    Reserve Rights (RSR) $ 0.004082
    swissborg
    SwissBorg (CHSB) $ 0.195202
    ecoin-2
    Ecoin (ECOIN) $ 0.000402
    helium
    Helium (HNT) $ 1.30