Arthur Hayes says US banks may unlock $6.8 trillion T-bill buying power through stablecoins
Arthur Hayes, the co-founder of BitMEX, believes the US Treasury may soon turn to stablecoins to navigate its growing debt challenges. In a July 3 post, Hayes argued that the US government’s ...
Source: CryptoSlate
Arthur Hayes, the co-founder of BitMEX, believes the US Treasury may soon turn to stablecoins to navigate its growing debt challenges. In a July 3 post, Hayes argued that the US government’s increasing dependence on bond sales risks destabilizing financial markets unless new strategies emerge. According to Hayes, the Treasury is struggling to find enough […]