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Arthur Hayes Proposes Bitcoin-Backed Stablecoin Called NakaDollar
source:
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2023. Mar. 09. 11:36
A stablecoin backed by $1 worth of bitcoin and 1x short of a bitcoin perpetual future can be used to provide stability to such a token, Hayes said.
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Arthur Hayes
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