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Posted: 2025-06-17 06:53:15 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-06-17 06:53:29 UTC
Verified By
Rollup News
Arthur Hayes, BitMEX co-founder, predicts a "stablecoin mania" bubble initiated by Circle's IPO, cautioning that most new issuers will be overvalued and fail without distribution via crypto exchanges, banks, or social media giants.
Stablecoin market
IPOs
Valuation of new issuers
Distribution channels
Overvaluation of new stablecoin issuers
Lack of distribution channels