Arthur Hayes, co-founder of BitMEX, made a bold claim that the bullish trend in the crypto market will continue until 2028, relying on U.S. government initiatives on regulating digital assets.
Arthur Hayes' Optimism
At the WebX conference in Tokyo on August 25, Hayes shared his confidence in the ongoing bullish trend in the crypto market linked to cryptocurrency initiatives during the Trump administration. He believes that the adoption of stablecoins will help reshape global monetary flows.
The Role of Stablecoins
Hayes confirmed that the U.S. plans to channel $10-13 trillion into dollar-backed stablecoin ecosystems. This will not just be an attempt to maintain currency dominance but a strategy aimed at strengthening the U.S. dollar's global position.
Who Will Benefit?
According to Hayes, DeFi projects like Ethena, Hyperliquid, Ether.Fi, and Codex could benefit from the adoption of stablecoins. He also noted that companies like Facebook and Twitter may offer dollar accounts to Southern countries, potentially creating $4 trillion in new Treasury demand.
Thus, the integration of stablecoins and further government initiatives may contribute to sustainable growth in the crypto market in the coming years, creating new opportunities for both investors and financial platforms.
