Michael Saylor: Proposed the concept of a "perfect" digital currency, a Bitcoin-backed US dollar stablecoin, with a yield of 6% to 8%
Oct 19, 2026 10:09:45
According to The Block, Strategy founder Michael Saylor outlined his vision for a "perfect" digital currency at the ParaFi Investor Day, which is a stablecoin pegged to the US dollar and backed by Bitcoin, capable of providing a yield of 6% to 8%.
Saylor stated that this will be the next step in the development of digital capital and digital credit products.