Arthur Hayes believes that decentralized financial tokens Ethfi and ENA 30-50 × efficiency can deliver as Stablecoins expand to a market for several trillion dollars.
Summary
- Arthur Hayes predicts that by 2028 Stablecoins can grow into a $ 10 trillion market.
- He sees Ethfi rise 34 × and ENA 51 × and mentions it tinkering with the recording of stablecoin-driven liquidity.
- Hayes argues that Stablecoins will surpass Bitcoin and Ethereum in the use and become the core separation layer of the digital economy.
Arthur Hayes, co-founder of Bitmex and one of the most pronounced investors in Crypto, believes that two Defi can see extraordinary profit in the coming years. In one Blog post Hayes published on 27 August, projected that Ether.fi could rise 34 -fold of its current value, while Ethena (ENA) could climb 51 times.
Stablecoins as the cause of growth
The core of Hayes’ argument is the explosive rise of stablecoins. According to him, the total supply of dollar-supported Stablecoins could rise from the current $ 273 billion to $ 10 trillion by 2028. This would be one of the largest capital shifts in financial history, given the increasing use of dollars in chains by investors and institutions for payments, savings, savings and interest opportunities.
Although Stablecoins are already crucial for Defi, Hayes claims that their role will only expand. Tokens such as Ethfi and ENA who record reimbursements or generate income from this activity to win the most when digital dollars go through decentralized protocols.
Why ethfi and ena?
Ethfi is connected to the deployment and defi-eco system of Ethereum and is positioned as a token targeted by spending. Hayes claims that Ethfi acts as a bridge that connects crypto-native assets and traditional trade through integrations such as visa-linked payment cards. If stablecoins are generally accepted as a form of payment, Ethfi can see a considerable boost in transaction income.
Ena, coupled with Ethena’s synthetic dollar usde (used), offers a different perspective. With the help of Delta-neutral strategies in the markets for cryptocurrency derivatives, the protocol yields yield.
Hayes sees this as an improved stablecoin that appeals to both individual and institutional investors because it combines the stability of dollars with a consistent yield. The Ena -Token can grow exponentially if the adoption speed up.
A high-stakes gamble on the future of Defi
Hayes admits that these predictions are made about daring assumptions, such as the adoption of the Stablecoin mass, scalable Defi infrastructure and clear regulations. Nevertheless, he argues that the risk claim balance is clear, because the upward potential outweighs the downward risk, in what he describes as a ‘once in a century’ opportunity.
For Hayes, Ethfi and ENA represent more than speculative plays; They are proxies for the future of decentralized finances themselves. If his stable rack of $ 10 trillion is correct, the next wave of crypto growth may not come from Bitcoin (BTC) or Ethereum (ETH), but from the infrastructure that flows dollars to the chain.
