🚨 Arthur Hayes boldly predicts: $ENA 51x, Etherfi 34x, Hyperliquid 126x, is on-chain finance about to take off?! According to @CryptoHayes, he criticizes the U.S. Treasury, hinting that U.S. Treasury Secretary Scott Bessent will take action against the global financial system, particularly regarding Eurodollar markets and foreign currency deposits in emerging markets. The expanding U.S. deficit requires new "mindless buyers" to absorb government debt, and stablecoins are being shaped into this weapon. The Eurodollar system emerged in the 1950s and now has a scale of $10 trillion to $13 trillion, but these deposits exist in overseas banks, are opaque, and do not buy U.S. Treasuries, which is seen as a "waste of resources" by Washington. He sets the premise that by 2028, the circulation of dollar stablecoins will exceed $10 trillion. This capital will inevitably flow into DeFi protocols, pushing the entire on-chain finance to unprecedented heights. Under this scenario, he begins to give three targets with crazy price increases. Arthur Hayes names Ethena, due to the high yield model of USDe, predicting $ENA can reach 51x, Etherfi can turn stablecoins into payment tools that can swipe Visa, predicting 34x, and Hyperliquid has the potential to become the largest DEX globally, calling for a 126x increase, stating this is a "once in a century change of the global monetary architecture." Finally, he also forecasts a new project called Codex, positioning it as "an on-chain bank for emerging markets."