Arthur Hayes Predicts Crypto Bull Run to Extend Through 2028 on Stablecoin Adoption
BitMEX co-founder Arthur Hayes has forecasted that the current cryptocurrency bull market will persist until 2028, driven by accelerating US stablecoin adoption and regulatory advancements. Speaking at Tokyo's WebX conference, Hayes outlined how Washington's fiscal strategy aims to redirect the $10-13 trillion Eurodollar market into government-controlled stablecoin systems.
The GENIUS Act, passed in July 2025, establishes a legal framework for payment stablecoins in the United States. Treasury Secretary Scott Bessent is expected to spearhead global adoption of US dollar-pegged stablecoins, mirroring historical currency expansion tactics. DeFi platforms like Ethena and Hyperliquid stand to benefit significantly from the anticipated liquidity influx.
