🇺🇸 LATEST: Arthur Hayes Says US Bank-Backed Stablecoins Could Unlock $6.8T for Treasuries 💵🏛️
Crypto veteran Arthur Hayes argues that if U.S. banks adopt stablecoins, it could unleash $6.8 trillion in buying power for U.S. Treasuries — effectively monetizing national debt through blockchain rails. 📈
He colorfully described the move as:
“Debt monetization dressed in Ethereum drag.”
Hayes believes this shift could inflate asset prices and fuel a massive bull run, urging investors to go long on Bitcoin as the best hedge.
🔥 Stablecoins + TradFi = the next phase of financial engineering?