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Nakamoto Financial Releases RaiUSD (USDR) Stablecoin

Wednesday, Aug 4, 2021 by Nakamoto Financial stablecoins, USDR

Nakamoto Financial Releases RaiUSD (USDR) Stablecoin 2021 Aug 4. First Stablecoin on the eCash Blockchain Saipan, CNMI, USA– Nakamoto Financial LLC is a non-depository financial services, technology, and consulting institution specializing in cryptocurrency and blockchain-based instruments. We are excited to announce the creation of our stablecoin RaiUSD (USDR) which is backed 1:1 by US Dollars. You can find the genesis transaction here. Stablecoins, cryptocurrencies backed 1:1 by an asset, usually the US Dollar, have exploded in popularity in recent years due to their ability to leverage most of the advantages of traditional cryptocurrencies while minimizing the downsides.

An Introduction to the Stablecoin Industry

Sunday, Mar 21, 2021 by Alexander Ugorji stablecoins, tether, USDT

Introduction The goal of this article is to provide a high-level overview of the stablecoin industry and its future. Traditional Cryptocurrencies Overview Cryptocurrencies (such as Bitcoin) are peer-to-peer (decentralized) value transfer networks built on a blockchain (an immutable public ledger). By leveraging software and cryptography, cryptocurrencies make it possible to securely transfer value without a trusted central party, such as a bank or payment processor. The elimination of ‘the middleman’ allows for gains in security (no counterparty risk), speed (settle in minutes or less), access (anyone with a phone can create an account in less than a minute), and control (users have sole custody over their funds).

Nakamoto Financial Releases RaiUSD (USDR) Stablecoin

An Introduction to the Stablecoin Industry

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