Arthur Hayes expects dozens of times rise in 3 altcoins.

Famous investor and financial commentator Arthur Hayes has published another blog post that will attract a lot of attention. In his latest article, Hayes particularly emphasized the importance of stable coins, expressing his expectation that these tokens will spread to millions, even billions of users, and bypass many large traditional financial institutions.

Expecting dozens of times increase in 3 altcoins

Hayes stated that stablecoins will create a revolution and wrote that they will continue to invest heavily in crypto projects associated with stablecoins as the Maelstrom fund.

Hayes stated that they have invested in infrastructure projects that will directly benefit from the growth of the stablecoin ecosystem, and the projects he has proposed and expects to see significant increases are as follows:

• HYPE (Hyperliquid): Hayes expects a 126x increase in Hyperliquid, which charges commissions on derivative transactions made with stablecoins. He predicts that Hyperliquid’s annual trading fees could reach 258 billion dollars by 2028.
• ENA (Ethena): The project’s stable coin, USDe, is fed by the interest income. Hayes believes that the project could generate 25 billion dollars in interest income by 2028 and expects a 51-fold increase in this token.
• ETHFI (Ether.fi): Hayes states that the project could generate $2 billion in revenue through annual stable coins in the future. He also indicates the rise expectation for this token as 34 times.

New project Codex…

Hayes also pointed to CODEX as the project he is most excited about regarding stable coins. Codex, which provides companies with services for receiving payments in stable coins, converting these payments into fiat currency, and accounting, has not yet launched its own token. However, the project will take this step in the upcoming period and announce its own cryptocurrency.

Hayes also stated that Codex will not only be a payment infrastructure but also has revolutionary potential on the credit side.

“Trump’s only wish is to win the election”

Hayes, who claims that the Trump administration in the U.S. will not cut spending and that the budget deficit will continue to grow, said the following:

“Trump has no ideology like closing the budget deficit; his only ideology is to win elections… Therefore, expenditures will increase, and debt will rise. The US will use stable coins as a financial weapon. The US will seek to draw in offshore ( deposits and dollar liquidity from abroad by using stable coin issuers.”

Published: August 28, 2025 09:56Last Updated: August 28, 2025 10:05