
Founder of BitMEX Is Proposing a Bitcoin-based Stablecoin
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
1H
-0.01%$0.0001
24H
0.92%$0.0081
7D
1.36%$0.0119
30D
-4.78%$0.0444
The proposed NUSD stablecoin won’t depend on any USD reserves. Instead, it will solely depend on derivatives exchanges that list liquid inverse perpetual swaps, Hayes said.
The Havven project introduced a new ethereum-based stable coin nUSD. It is meant to become the main decentralized stable coin on the market.
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