Arthur Hayes: Why America Has to Print | Stablecoins, Dollarization & the Future of DeFi | Bitcoin.com News Podcast

“America has to print — the math demands it.”

In this episode, Arthur Hayes (@CryptoHayes) — co-founder of BitMEX and CIO of Maelstrom — joins David Sencil (@_dsencil) for a macro masterclass on the intersection of monetary policy, crypto, and the global dollar system.

Hayes explains why the U.S. can’t escape the cycle of debt monetization, how stablecoins have become tools of global dollarization, and why he believes projects like Hyperliquid represent the next evolution of DeFi — blending on-chain performance with institutional-grade infrastructure.

From Ethereum vs. Solana to the future of Bitcoin as a reserve asset, this is Arthur Hayes at his most candid and prescient — challenging assumptions and mapping where the macro tides are taking crypto next.

• Why America must keep printing — and what it means for Bitcoin
• Stablecoins as geopolitical weapons of U.S. dollar expansion
• Hyperliquid’s model for high-performance decentralized exchanges
• Ethereum vs. Solana — real yield vs. speculative hype
• How crypto will absorb global liquidity in the next bull cycle

A razor-sharp exploration of macro, DeFi, and the future of money — straight from one of crypto’s boldest minds.

🎙️ Host: David Sencil – Bitcoin.com News Podcast
💼 Guest: Arthur Hayes – Co-Founder, BitMEX & CIO, Maelstrom
🔗 Learn more: @CryptoHayes | @_dsencil | bitcoin.com

💡 In this episode:🎧