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Michael Saylor proposes 'perfect' digital currency vision: a dollar-pegged, Bitcoin-backed stablecoin offering 6% to 8% yield.

BlockBeats news, October 19 — Strategy CEO Michael Saylor outlined his vision for a "perfect" digital currency at ParaFi's investor day: a stablecoin pegged to the US dollar and backed by Bitcoin that could offer yields of about 6% to 8%. He said this would be the next step for digital capital and digital credit products.

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On-Chain Activity

6min ago

Unitree's rally accompanied by a rapid turn to negative funding rates, with the largest long position still losing over $1 million.

13min ago

A trader stopped losses and liquidated PONS and Artificial Inu, incurring a loss of $645,000.

1h ago

September ETH accumulation address suspected of liquidation, estimated loss of $430,000.

2h ago

A certain whale shorted $32.72 million worth of ETH, nearing liquidation price at $2,419.

24H Important News

2026-10-19

DeepSeek's new model, combined with AI financing concerns, has led to consecutive declines in Asian chip stocks.

Allium Report: Stablecoin Payment Volume Reaches $482 billion in First Three Quarters, Up 45% Year-over-Year

BlackRock's tokenized money market fund BUIDL reaches $2.3 billion in assets under management, plans to expand collateral use cases.

Unitree Technology rises over 10%, with trading volume exceeding $1.5 billion.

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