Arthur Hayes, ex-CEO of BitMEX, asserted at Tokyo’s WebX conference on August 25, 2025, that the crypto bull market will persist till 2028 due to US stablecoin policies.
Hayes predicts shifting US Eurodollar strategies will boost liquidity in DeFi platforms like Ethena and Hyperliquid, fueling market optimism despite macroeconomic uncertainties.
Arthur Hayes, a key figure in the crypto industry, presented at the WebX conference. He outlined how changes in U.S. stablecoin policies are expected to shape the crypto landscape through 2028. The government’s strategy to steer the Eurodollar market towards stablecoins aligns with these predictions.
Economic strategies by the U.S., focusing on stablecoin adoption, could shift financial dynamics significantly. This move is seen as a mechanism to enhance fiscal control, offering new opportunities for investment.
“No major economy is creating enough credit fast enough to boost nominal GDP. So $BTC tests $100k, $ETH tests $3k. Come see my @WebX_Asia Tokyo keynote Aug 25 for more info.” — Arthur Hayes, Co-founder, BitMEX
Did you know? During a similar period of regulatory anticipation in 2021, the cryptocurrency market observed substantial price increases, triggered by rumored ETF approvals.
As of August 25, 2025, Bitcoin (BTC) traded at $113,416.19 with a market cap of $2.26 trillion, holding a market dominance of 57.08%, as per CoinMarketCap. BTC’s price fell by 1.65% in 24 hours, having increased by 5.22% over 60 days. The trading volume was $75.98 billion, indicating a change of 40.56%.
The Coincu research team projects that these stablecoin-driven policies may escalate DeFi adoption, shifting the focus from traditional assets. Technological advancements in decentralized finance are likely to be prioritized, with regulatory frameworks adapting accordingly.
