- Stables in dollars could capture the deposits of non -American banks.
- Up to 34 billions of dollars could flow into stabbed.
- Hayes says that the influx of capital will catapult Defi.
Arthur Hayes says that he expects the sharp stables to dollars to become the driving for tens of billions of onchain capital, which will stimulate the Defi market.
In a blog post on Tuesday, the director of investments at Maelstrom identified three protocols in particular: Ether.fi, Ethena and Hyperliquid. Their token prices will rise to 34 billions of dollars in EURODOLLAR waters and deposits in southern southern flood the StableCoin market, he argued.
For Ether.fi, Hayes predicted a price increase of 34 times for the DEFI yield protocol, driven by user appetite for its debit card product. According to Hayes, the demand for stablescoincoins with interests offered by Ethena and derivatives derivatives on the hyperliquid would trigger an increase of 51 and 126 times in their respective token prices, according to Hayes.
The predictions suggest that Gargantuan increasing for these DEFI protocols, but it depends on transformer regulation and technology changes, as well as rapid adoption – factors that are not insured.
These forecasts are based on non -American banks that lose implicit access to the support of the US Treasury, which could force the depositors to switch to Pie stables to a dollar.
They also require technological platforms to integrate stablecoin payments in the world of world, while regulators of these countries fail to promulgate strict capital control laws to prevent capital flight.
Hayes is also a vocal supporter and supports some of the projects even praised in his test.
However, the $ 280 billion market in Stablecoin is one of the hottest cryptocurrency sectors at the moment. Even if the financial migration provided for by Hayes of epic proportions is a bit far -fetched, analysts expect an additional expansion for the market.
Earlier in August, analysts of the Crypto Keyrock investment company and Cryptocurrency Exchange Bitso predicted that stablecoins could represent 12% of global transfrontal payment volumes by 2030.
It is a high target for Stablecoins, since they represented less than 3% of the $ 195 billion in global funds last year.
Coinbase even plans that Stablecoins will reach 1.2 billion of dollars of market size by 2028, an increase of 330% over the next three years.
Stablecoin issuers are now rushing to create their own blockchains to take a larger piece of the transaction costs generated by the market as it develops.
Market commentators such as Ben Reynolds, managing director of the Crypto Bitgo infrastructure company, said that the launch of a stablecoin chain gives the issuer “more control over the regulations and compliance”.
Osato Avan-Nomayo is our DEFI correspondent based in Nigeria. It covers Defi and Tech. Do you have a tip? .Please contact him at Osato@dlnews.com.
