Fed Rate Cut Could Crash Crypto Markets, but Era of Central Banks Is Over: Arthur Hayes
A rate cut could add to inflation and strengthen the Japanese yen, crashing markets, Hayes explained.
The era of central banks is over, Hayes said ahead of an expected Fed rate cut Wednesday.
Ethena's USDe and Pendle's BTC staking could benefit from the impending low interest rate regime, Hayes said.
Demand for tokenized Treasuries, an interest-rate-sensitive product, could...