Arthur Hayes Sees 126x HYPE Gains by 2028 as De-Dollarization Fuels Stablecoin Boom

Arthur Hayes is betting big on the stablecoin revolution. The former BitMEX CEO projects Hyperliquid’s HYPE token could rally 126x by 2028, driven by $10 trillion in stablecoin adoption and a radical U.S. strategy targeting $34 trillion in Eurodollar and Global South deposits.
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Why Is Crypto Up Today? – August 28, 2025

The crypto market is up today, but the rally has slowed down. BTC stands at $113,127 and ETH at $4,571. “We’ve entered the later stages of the current bullish cycle.”
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Ex-PBOC Chief Warns of Stablecoin Crisis – Run Risk Echoes TerraUSD’s 2022 Meltdown

Ex-PBOC chief Zhou has warned that Stablecoin models can amplify risk through leverage and trading even with full reserves, and has called oversight insufficient. Hong Kong and U.S. rules have addressed custody and issuance, while a study has estimated a one-in-three crisis chance this decade.
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Tom Lee Predicts Ethereum Rally to $5,500 Soon, $12,000 by Year-End – Is This Realistic?

Fundstrat CIO Tom Lee has projected Ethereum’s near-term rise to $5,500 and a year-end target of $12,000. He cites Wall Street’s shift in sentiment after stablecoin legislation, $7.65B ETH treasury holdings, and strong capital inflows, noting Ethereum’s expanding role in traditional finance and crypto markets.
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TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

Murad Mahmudov, known for coining the ‘meme supercycle,’ has maintained that SPX6900 could one day surpass Bitcoin. Now its cousin TOKEN6900 has been cast as Ethereum’s rival, as both tokens continue to grow cult followings fueled by belief and culture rather than traditional utility.
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Jerome Powell’s Fed Chair Replacement Imminent? PolyMarket Odds Skyrocket as Trump Team Weighs 11 Candidates

Treasury Secretary Scott Bessent has said 11 candidates for the next Fed chair will interview after Labor Day, with Trump reviewing a shortlist as markets weigh Powell’s labor-market warning and rising odds of a September cut.
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Finastra and Circle Bring USDC Settlement to $5T Daily Cross-Border Payment Flows

Finastra has connected Global PAYplus with Circle, letting banks integrate USDC settlement into cross-border flows while underlying instructions stay in fiat. The move expands stablecoin use as Circle reports growth and unveils Arc, its new blockchain platform.
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Stablecoin Exchange Reserves Hit Record High as Market Cap Growth Slows: CryptoQuant

CryptoQuant stablecoin research has reported slower inflows—weekly expansions near $1.1B versus late-2024’s $4–8B—while exchange reserves have reached a record $68B. USDT growth has cooled around $10B on a 60-day view; balances on exchanges have held $53B in USDT and $13B in USDC.
 
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