- BitMEX’s Arthur Hayes predicts $10T USD stablecoin supply by 2028, impacting DeFi.
- U.S.’s financial strategy ties closely with stablecoin growth.
- DeFi protocols may significantly outpace traditional banks.
Arthur Hayes, co-founder of BitMEX, forecasts at the Tokyo WebX conference a USD stablecoin supply reaching $10 trillion by 2028, marking a major shift in global finance.
This projection implies a significant impact on DeFi platforms and U.S. monetary policy, fueling market optimism and potential infrastructure growth within the digital asset world.
Arthur Hayes: $10 Trillion Stablecoin Forecast by 2028
BitMEX’s Arthur Hayes projects the USD-pegged stablecoin supply to hit $10 trillion by 2028. He describes this as a “once-in-a-century” transformation, emphasizing the impact on global monetary structures. Hayes said, “The current bull market in digital assets could extend until 2028, driven by $10 trillion in USD stablecoin supply by 2028. This is a once-in-a-century transformation of the global monetary architecture.” Such a surge is expected to enhance DeFi’s market influence.
The anticipated surge in stablecoin supply prompts the U.S. to leverage DeFi protocols, transforming them into major liquidity sources. The plentiful stablecoins could reshape financial markets, positioning DeFi platforms to thrive, potentially outpacing traditional banks in liquidity.
Community and industry reactions hint at optimism, with many predicting significant gains for stablecoin-related assets. Key figures have expressed support, such as Scott Bessent, who aligns current U.S. policy with this transformative vision.
Stablecoins Poised to Surpass Eurodollar Market
Did you know? Hayes highlighted the potential for stablecoins to surpass the historical Eurodollar market in impact—a market valued between $10 trillion and $13 trillion during its peak.
Hyperliquid (HYPE) is now priced at $48.68, with a market cap of $16.26 billion according to CoinMarketCap data. Recent increases include a 15.48% gain over the past seven days and 51.37% over ninety days. Despite a 3.97% drop in the past 24 hours, its long-term trend shows growth potential.
According to Coincu’s research team, the evolving legal frameworks could drive more adoption of stablecoins globally. This could lead to heightened economic participation, with DeFi platforms standing to reap significant rewards. Stablecoin regulation plays a key role, shaping future financial landscapes.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/news/arthur-hayes-stablecoin-projection/