CONNECT recap: Arthur Hayes on money printing, Wall Street moves onchain
Reported by Cointelegraph · AI-assisted summary by ChikoCorp AI News Desk
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Summary
Arthur Hayes, chief investment officer at Maelstrom fund and BitMEX co-founder, suggested US policymakers might boost cryptocurrency prices by printing more money to support AI initiatives and finance government debt. Hayes also noted potential shifts in China’s monetary policy toward stimulus, which could increase demand for scarce assets. At CONNECT by Cointelegraph in Seoul, other speakers discussed Wall Street’s move toward onchain finance, the role of intermediaries in crypto investments, stablecoin demand, and corporate crypto treasury strategies.
Why it matters
According to Hayes, increased money printing to support AI and government debt could indirectly raise cryptocurrency prices, indicating a macroeconomic influence on crypto markets. The event highlighted how traditional financial institutions entering blockchain markets leverage existing customer bases and create demand for intermediated services despite crypto’s decentralized ideals. The discussions emphasize evolving interactions between legacy finance, blockchain adoption, and crypto liquidity management.
Key context
Hayes’ remarks were made during Korea Blockchain Week at the CONNECT event by Cointelegraph, which featured panel discussions on finance moving onchain, stablecoins, and corporate crypto treasuries. R3’s collaboration with Solana aimed at linking institutional assets to public blockchains was noted. Stablecoins are increasingly used for trade payments, especially between Latin America, sub-Saharan Africa, and Asia. Treasury management in crypto requires significant liquidity and risk assessment.
Key numbers and entities
Arthur Hayes (Maelstrom fund, BitMEX), Catrina Wang (Portal Ventures), Todd McDonald (R3), Justin Kugel (World Liberty Financial), Chetan Karkhanis (Franklin Templeton), Haonan Li (Codex), Ilya Podoynitsyn (FinHarbor), Michael Camarda (SharpLink), Solana blockchain, BNP Paribas, France government bond spreads. No specific numeric figures or tickers were provided.
What remains unclear
The source does not specify the scale or timeline of US money printing possibly affecting crypto prices. Details on China’s exact policy changes remain vague. The article does not quantify the impact of Wall Street’s onchain moves or quantify stablecoin transaction volumes. The specific crypto treasury strategies and risk factors for corporate holders are mentioned but not detailed.