Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M
Briefly

"We want to use bitcoin to create stable value in a fiat-denominated currency," Wünscher said in an interview.
OpenDelta's flagship token, USDO, will retain its dollar value by hedging bitcoin deposited by users as collateral, and will generate yield from derivatives markets.
Read at Coindesk
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