Arthur Hayes on Stablecoins, Geopolitics, and Bitcoin’s Next Peak

Description

Hayes sees the GENIUS Act as effectively putting US stablecoin issuance in the hands of banks or heavily regulated entities His logic is that SLR relief opens institutional gateways, bank-regulated stablecoins improve trust and stability, and geopolitical calm signals a renewed risk-on environment Hayes believes that all of these factors combined set the stage for new Bitcoin all-time highs Arthur Hayes outlined a bullish thesis for Bitcoin and crypto at large, centered on three key fronts. The ...