[Arthur Hayes: Currency Issuance Could Drive Cryptocurrency Prices Higher] Odaily Planet Daily reports that Arthur Hayes stated U.S. policymakers might support the AI industry and government debt financing through currency issuance, potentially driving cryptocurrency prices higher. If China shifts from limited tightening to large-scale monetary stimulus, it could also boost demand for scarce assets. He is also monitoring financial pressures in France, including BNP Paribas-related credit default swaps and French government bond spreads. Portal Ventures General Partner Catrina Wang noted that banks and asset management firms have an advantage in on-chain financial markets due to their existing client relationships. R3 Co-founder Todd McDonald pointed out that public blockchains can help institutions reach customers outside their own networks. World Liberty Financial Executive Vice President of Growth Justin Kugel stated that user demand for asset management and investment evaluation still leaves room for intermediaries. Franklin Templeton Senior Vice President of Digital Asset Client Relations Chetan Karkhanis mentioned that the company has no intention of issuing its own stablecoin but hopes to offer investment returns through tokenized money market funds. Codex Co-founder and CEO Haonan Li highlighted that trade routes connecting Latin America, Sub-Saharan Africa, and Asia are driving demand for stablecoin payments, with buyers paying eastward and manufactured goods flowing westward. FinHarbor Co-founder and CEO Ilya Podoynitsyn emphasized that enterprises should confirm they have long-term idle funds that do not affect daily operations before allocating to crypto assets. SharpLink, an Ethereum treasury company, Chief Development Officer Michael Camarda stated that both stock buybacks and increasing ETH holdings can raise the per-share ETH holding value. The company employs both methods to cater to the preferences of institutional and retail investors. (Cointelegraph)
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