Arthur Hayes, former CEO of BitMEX, forecasts that the cryptocurrency bull market will persist until 2028. Speaking at the WebX conference in Tokyo, Hayes attributed this prolonged market uptrend to anticipated changes in US stablecoin policy. The US government plans to redirect the $10-13 trillion Eurodollar market towards a stablecoin ecosystem under its control, aiming for enhanced fiscal oversight. This shift is expected to channel significant stablecoin liquidity into DeFi platforms like Ethena and Hyperliquid, potentially boosting their growth.