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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