- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
Arthur Hayes: Expects USD Stablecoin Supply to Reach $10 Trillion by 2028, Triggering DeFi Bull Run
BlockBeats News, August 28th, BitMEX co-founder Arthur Hayes recently published an article stating that by 2028, the total supply of USD-pegged stablecoins in circulation is expected to reach at least $10 trillion. This number is significant due to the massive and exponentially growing deficit that the United States must shoulder. The more Bezos finances the government with Treasury bills, the faster the debt accumulates because he must roll over the debt annually.
Therefore, this is a once-in-a-century transformation of the global monetary architecture. "Perhaps, we will never see such an event again in our investment careers. You will never see the foundational pillars of DeFi experience such a bull market, as these foundational pillars are benefiting greatly from the surge of USD-pegged stablecoins."
You may also like
Gainers
Latest Crypto News
Trump Says Fed Chair Should Cut Interest Rates, Reiterates Criticism of Powell
In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.
Trump: Will Announce New Fed Chair in Early Next Year
Coinbase International Site to Launch DASH Perpetual Contract Trading
Customer Support：@weikecs
Business Cooperation：@weikecs
Quant Trading & MM：bd@weex.com
VIP Services：support@weex.com
App