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Arthur Hayes: Predicts USD Stablecoin Total Supply to Reach $10 Trillion by 2028, Triggering DeFi Bull Market
Summary: BitMEX co-founder Arthur Hayes recently stated that he predicts the total supply of USD-pegged stablecoins in circulation to reach at least $10 trillion by 2028. This significant figure is attributed to the massive and exponentially growing deficits that the U.S. government must bear. As the U.S. government finances more through treasury bills, the debt accumulates ...
BitMEX co-founder Arthur Hayes recently stated that he predicts the total supply of USD-pegged stablecoins in circulation to reach at least $10 trillion by 2028. This significant figure is attributed to the massive and exponentially growing deficits that the U.S. government must bear. As the U.S. government finances more through treasury bills, the debt accumulates faster, requiring annual debt rollovers. This represents a once-in-a-century transformation in the global monetary architecture, potentially a rare event in our investment careers. The DeFi ecosystem may never witness such a bull market again, as these foundational industries benefit from the surge in USD-pegged stablecoins.
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Link: Arthur Hayes: Predicts USD Stablecoin Total Supply to Reach $10 Trillion by 2028, Triggering DeFi Bull Market [Copy]
