CELOXFI Strategy: Arthur Hayes' $10 Trillion Liquidity Bomb Before Jackson Hole

Arthur Hayes just dropped another one of his legendary essays that's got the entire crypto community doing double-takes on their portfolio allocations. The former BitMEX chief's latest thesis, "Quid Pro Stablecoin," reads like a financial thriller where bank-issued stablecoins become the ultimate liquidity weapon that could pump Bitcoin to $1 million. It's giving serious "I told you so" energy for anyone paying attention to the political machinery behind monetary policy. The core argument centers around what Hayes calls a "liquidity bazooka" disguised as financial innovation. Eight too-big-to-fail banks currently hold approximately $6.8 trillion in demand and time deposits that could theoretically be transformed into on-chain stablecoins. When customers migrate from legacy banking to products like JPMorgan's forthcoming "JPMD" token, those deposits become collateral that gets recycled straight into Treasury bills. This isn'...