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Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’

The BitMEX founder warned that most new stablecoin issuers will be overvalued and likely fail due to locked distribution channels.

Jun 17, 2025 - 06:29
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Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’

Arthur Hayes says to trade new stablecoin IPOs like a ‘hot potato’

The BitMEX founder warned that most new stablecoin issuers will be overvalued and likely fail due to locked distribution channels.

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