CIO of Maelstrom Arthur Hayes stated that banks should take charge of the stablecoins business currently dominated by Tether (USDT). This statement was made during an interview on Laura Shin’s Unchained podcast. Hayes explained that Tether achieved its status in the crypto market because the U.S. banking system refuses to offer similar services.
Arthur further stated that disruption is imminent as banks may soon storm the market with digital currencies, overshadowing controversial stablecoins like Tether. Meanwhile, rally prospects remain bright for InQubeta (QUBE) and Avalanche (AVAX). Avalanche maintains a solid stance with a surge in its trading volumes and retained monthly gains. The InQubeta presale has witnessed increased adoption as investors seek to leverage it before the fear of missing out (FOMO) peaks.
This article covers author Hayes’s take on Tether and further explores why rally prospects are bright for InQubeta and Avalanche.
InQubeta (QUBE): An Innovative Platform Breaking Barriers To AI Investment
InQubeta is a project rising to prominence in the artificial intelligence (AI) investment space. The project distinguishes itself from other cryptocurrencies by providing affordable non-fungible token (NFT) investments. QUBE acts as a bridge between savvy investors and innovative AI businesses. By providing a lasting solution to conventional AI investments, QUBE shows bright prospects for a massive rally.
InQubeta’s presale growth shows that this project is the best crypto investment because it goes beyond just providing affordable investments. The ten-staged presale is in stage seven at $0.0224, with over $8.1 million raised. More investors are flocking to this blockchain ICO, resulting in over 715 million tokens being sold. With over 83% of QUBE tokens sold, this ICO will soon increase to $0.0255. The presale’s impressive figures are due to the project’s blockchain technology and smart contract integration.
Tech startups can access capital and grow their communities by minting innovative AI projects into equity-based NFTs. The fear of missing out on this project is higher than that of other new projects because of its strategic positioning in the AI and crypto sectors. Top experts say a 3,000% rally is brewing for InQubeta after it launches. The project’s strong fundamentals make it the best crypto investment, and investors who want to 10x their portfolios are rushing to it.
Avalanche (AVAX): Renewing Investors’ Interest Through Innovative NFT Projects
Avalanche surged in 2023 due to increased institutional adoption and inflow. The project made solid partnerships with brands with its bullish momentum, and it rose over 138%. AVAX, however, experienced a decline due to massive liquidation and fell by 18%.
Despite Avalanche’s decline, the project’s trading activities kept rising due to increased interest. Avalanche’s NFT space is a focal point for this interest as the active addresses on the network surged. AVAX’s high-end collections like Dokyoworld and Dreamheadz witnessed substantial gains, igniting bright prospects for a massive rally for the project.
Tether (USDT): Expanding The Stablecoin Market With Its Mainstream Acceptance
The Tether stablecoin surged to new heights due to its dominance and integration on major crypto platforms. However, Arthur Hayes, Maelstrom’s CIO, explained during his interview on Laura Shin’s Unchained podcast that USDT may face its eventual demise. He said he expects traditional financial institutions to dominate the stablecoin business, usurping Tether and other stablecoins.
Hayes explained that the only reason Tether has stayed in the limelight for so long is the U.S. banking system’s refusal to offer similar services. Arthur also predicted that if the U.S. Treasury allowed banks to issue their stablecoins, they would have the necessary framework to succeed, rendering USDT obsolete. Following Arthur Hayes’ prediction, investors look for what’s next in the stablecoin space.
Conclusion
Arthur Hayes’ observations about the controversial stablecoin Tether have its holders in a frenzy. Meanwhile, InQubeta and Avalanche keep rising, displaying their high growth potential and features. InQubeta presents investors with a unique opportunity, and its blockchain ICO demonstrates investors’ confidence in the project.
QUBE embodies growth and technological advancement, boasting deflationary features. The project also offers attractive staking rewards to investors who seek to diversify their crypto portfolios. With the presale inching closer to $9 million, investors still have the opportunity to take advantage of the presale’s discounted prices and earn huge returns.
Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.