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Bitcoin Cointelegraph

BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin

The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of the U.S. dollar, which require banking services.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

BitMEX co-founder Arthur Hayes proposes Bitcoin-based stablecoin

The proposed stablecoin, the Satoshi Nakamoto Dollar, aims to be entirely free from any movements of the U.S. dollar, which require banking services.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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